ā Who Holds Bitcoin ā And Who Could Crash the Market
Centralized Bitcoin holders still pose a serious risk to market stability:
⢠Strategy controls 2.56% of all BTC ($50B) ⢠US Government holds 0.99% ($18B) ⢠China owns 0.92% (~$17B) ⢠Any major selloff by these players could trigger chaos
But the long-term picture remains bullish:
⢠ETFs now hold over 6.17% of total supply ā nearly 1.3M BTC ⢠Wider distribution makes the market harder to manipulate CryptoMarketCapBackTo$3T#MarketRebound #SaylorBTCPurchase #BTCBullRun2025 ⢠More holders = higher shock resistance
Even with slower ETF inflows recently, institutional ownership is rising ā while governments and centralized entities are losing control.
š Number of Bitcoin whale wallets hits 4-Month high
š¼ According to Glassnode, more than 60 new wallets holding at least 1,000 BTC have appeared since early March, bringing the total number of whale wallets to 2,107.
The last time this level of activity was seen was in late 2024, following the re-election of Donald Trump.
š„ JUST IN : Uniswap Labs CEO Hayden Adams says #Solana has the edge when it comes to building DeFi directly on Layer 1 over #ETH. #SolanaStrong #SolanaSurge #DEFİ
The correlation between Bitcoinās price and Coinbaseās App Store ranking in the U.S. is a strong indicator of retail activity:
⢠In Nov 2024, $BTC broke above $90K and Coinbase ranked in the U.S. top 10. ⢠In Mar 2025, with at $85K, it dropped to 108th place. ⢠Today, $BTC is still at $85K ā but Coinbase has fallen to 350th.
The logic is simple: when retail joins the market, they download Coinbase. When theyāre gone ā the app sinks in the charts.