New data shows individual investors still hold the majority of Bitcoin supply, outpacing institutions, corporations, funds, and government wallets.
The past few years have been filled with talk about how institutions have swallowed up the Bitcoin supply. Yet data shows that an overwhelming amount is still held by individuals.
Surprisingly, new data has shown that individuals still retain the most Bitcoin by market share. They hold significantly more than businesses, funds, and ETFS, and even Satoshi-era wallets. Over the past few years, there has been much speculation about the buy-and-hold tactics of corporations and institutions. Yet it may be individuals who are choosing to cling to their crypto.
