Minor Players in the Vast Ocean: The Influence of Wealthy Investors on Cryptocurrency's Future
Market intelligence platform Santiment suggests that retail investors in Bitcoin will likely remain minor players, with their strategies heavily influenced by wealthier investors who consistently consume the available Bitcoin supply.
The cryptocurrency is increasingly incorporated into national and corporate financial strategies, with significant steps taken by former U.S. President Donald Trump to establish a Bitcoin reserve, leading to increased institutional endorsement and supportive policies. Large institutions and ultra-wealthy individuals continue to buy Bitcoin despite market conditions, while retail investors often profit during market rallies, leading to a redistribution of Bitcoin towards institutional buyers.
Currently, wallets with less than $1 million in Bitcoin account for only 17.5% of the total circulation, indicating the growing control of the market by long-term holders with significant wealth.