On June 12, the CEX research report showed that centralized institutions (including governments, exchange-traded funds, and listed companies) currently control 30.9% of the circulating supply of Bitcoin, amounting to 6.1 million coins, approximately 668 billion USD, which has risen by 924% compared to a decade ago. Among this, centralized exchanges hold about half of that share. The report pointed out that the Bitcoin wallets held by governments "rarely move and have almost no correlation with the Bitcoin price cycle," but holding a sufficient amount of assets may influence the market. The research believes that as nearly one-third of the circulating supply of Bitcoin is held by centralized institutions, the market is undergoing a structural shift towards institutional maturity.
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CryptoWorldGrandMarsh
· 06-12 04:58
On June 12, the CEX research report showed that centralized institutions (including governments, exchange-traded funds, and publicly listed companies) currently control 30.9% of the circulating supply of Bitcoin, amounting to 6.1 million coins, approximately 668 billion USD, a rise of 924% compared to ten years ago. Among them, centralized exchanges account for about half of that holding. The report pointed out that the Bitcoin wallets held by governments "rarely move and have almost no correlation with the Bitcoin price cycle," but holding a sufficient amount of assets may influence the market. The research suggests that with nearly one-third of the circulating supply of Bitcoin held by centralized institutions, the market CEX: centralized institutions hold 31% of the circulating supply of Bitcoin.
CEX: Centralized institutions hold 31% of the circulating supply of Bitcoin.
On June 12, the CEX research report showed that centralized institutions (including governments, exchange-traded funds, and listed companies) currently control 30.9% of the circulating supply of Bitcoin, amounting to 6.1 million coins, approximately 668 billion USD, which has risen by 924% compared to a decade ago. Among this, centralized exchanges hold about half of that share. The report pointed out that the Bitcoin wallets held by governments "rarely move and have almost no correlation with the Bitcoin price cycle," but holding a sufficient amount of assets may influence the market. The research believes that as nearly one-third of the circulating supply of Bitcoin is held by centralized institutions, the market is undergoing a structural shift towards institutional maturity.