Individuals Still Hold Majority of Bitcoin Supply
New data reveals that individual investors still hold the majority of Bitcoin supply, with a staggering 66% market share. This is in contrast to institutional and corporate holdings, which account for only 15%. The study analyzed public wallet data and found that individuals have retained their position as the largest holders of Bitcoin.
The research also suggests that institutions do not hold as much Bitcoin as previously thought. In fact, businesses hold a mere 7.8% of the supply, while funds and ETFs hold 7.2%. Governments hold only 2.1%, and Satoshi-era wallets hold 4.6%.
The data has implications for market trends and investor behavior. It suggests that individual investors are building resilience and holding onto their Bitcoin through tumultuous market cycles. This is in contrast to institutional and corporate investors, which may be more prone to emotional trading during periods of volatility.