🪙🎯Decentralized? 20% of Bitcoin is in the hands of 4 entities. Who controls digital gold?

BlackRock, through its iShares Bitcoin Trust (IBIT) ETF, has become the largest known holder of BTC, with 746,288 bitcoins valued at approximately $84 billion.

🧠 Key points of the movement

• It is not #BTC of BlackRock directly: The bitcoins back the ETF #IBIT and are held by Coinbase.

• Surpasses exchanges: IBIT already has more BTC than Coinbase (703,110 BTC) and Binance (608,639 BTC).

• Only Satoshi Nakamoto holds more: It is estimated that the creator of Bitcoin has 1,123,500 BTC.

• Supply shock: By being out of liquid circulation, these BTC create upward pressure due to scarcity.

• Change of narrative: Demand has shifted from retail trading to regulated and institutional financial products.

#BinanceSquare #Binance #satoshiNakamato $BTC $ETH $BNB

@binance @Binance LATAM Official