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$BTC According to @glassnode: Institutional holdings of Bitcoin are approaching 30% of the circulating supply.
Based on Glassnode data, institutional holdings have reached approximately 5.94 million BTC, distributed among:
⬅️ Platforms
⬅️ ETF Funds
⬅️ Public Companies
⬅️ Governments
About one-third of the circulating Bitcoin is now held by institutional entities… which means less supply in the free market and a greater impact from any new demand influx.
The game is quietly changing.