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Bitcoin Whales Tighten Grip on Supply as Retail Share Shrinks to 17.5%

Avatar photo Sonny S. Watts 3 days ago

Bitcoin whales now dominate the market, according to the latest Santiment report. As of May 15, wallets holding between 10 and 10,000 BTC—categorized as institutional Bitcoin holders—control over 82% of the total Bitcoin (BTC) supply in circulation. This group includes business intelligence firm Strategy, which recently added $1.34 billion in Bitcoin. Japanese hospitality company Metaplanet […]

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.