Jessica_Johnson

In addition to traditional cryptocurrencies, whales are also starting to focus on new projects. Among them is Minotaurus (MTAUR), a token combining blockchain technology and Web3 gaming, which has attracted the attention of investors due to its structure and use in the gaming ecosystem.

MTAUR is sold for 0.00012423 USDT, having seen a significant increase in recent days. An investment of 100 USDT allows you to get up to 804,959 MTAUR. This example shows how tokens of new projects can be accumulated at the current price, which may be interesting for traders who follow the dynamics of new altcoins.

Ethereum is closing out August as its strongest month ever, with analysts seeing this momentum as a key foundation for a possible rally to $7,000. The rise in the price of the world’s second-largest cryptocurrency is not just a result of short-term sentiment, but also historical patterns that suggest a strong August close is a harbinger of larger gains toward the end of the year.

If this trend holds, Ethereum could repeat the scenarios of previous years, when similar developments were followed by a multi-month bull run.

Dieser Zug ist unaufhaltbar.

#BTC
Analysten schlagen einen möglichen Höhepunkt der Bitcoin-Dominanz vor, während Ethereum und Altcoins an Stärke gewinnen. Was bedeutet das für den Kryptomarkt?

Der Kryptowährungsanalyst Matthew Hyland hat gewarnt, dass die Dominanz von Bitcoin bald ihren Höhepunkt erreichen könnte, wenn Ethereum seinen aktuellen Aufwärtstrend beibehält.

Die Dominanz von Bitcoin liegt derzeit bei etwa 64%, und laut Hyland ist es praktisch unmöglich, dass die Dominanz weiter wächst, wenn ETH weiterhin gegenüber BTC an Stärke gewinnt.

Die Bitcoin-Dominanz misst den Anteil von Bitcoin am gesamten Kryptowährungsmarkt. Seit Jahresbeginn ist die Dominanz um 9,89% gestiegen, hat jedoch in den letzten 30 Tagen um 1,35% und in der letzten Woche um 1,85% nachgelassen.

#BTC
So, who owns the most Bitcoin?
As of July 2025, Bitcoin is thriving. Daily capital inflows into spot ETFs continue to rise, while BTC reserves held on exchanges are declining—signaling growing investor confidence and a shift toward long-term holdings.
However, what truly grabbed headlines this month was the unexpected movement of 20,000 BTC—worth over $2.1 billion—from two wallets untouched since 2011.
These dormant wallets did not send the funds to exchanges but instead transferred them to new, unidentified addresses.
At a time when long-forgotten coins are awakening and ETF-driven demand is surging, a central question resurfaces: Who owns the most BTC in 2025? The latest rankings reveal a shifting but still heavily concentrated distribution of power in the Bitcoin world.
Exchanges Are the Largest Bitcoin Holders
Topping the list of richest Bitcoin addresses are not individuals, but massive cold wallets operated by crypto exchanges. At the very top is the primary cold wallet of Binance, dominating every BTC wallet leaderboard.
Binance’s main cold wallet currently holds approximately 248,600 BTC—about 1.25% of Bitcoin’s total supply—worth more than $26 billion. According to Glassnode and trackers like BitInfoCharts and CoinCodex, it is the largest BTC wallet in existence. Its rare but high-volume transactions indicate strategic reserve management rather than trading activity.
Second on the list is Robinhood’s cold wallet, with around 140,600 BTC (~$15 billion). This address sees only occasional withdrawals, likely reflecting user flows rather than internal trades.
Next comes Bitfinex’s cold wallet, which stores about 130,010 BTC, though earlier figures suggested up to 156,000 BTC. Despite fluctuations, Bitfinex remains one of the top BTC holders in 2025.
Other major exchange wallets include:
Binance’s second cold wallet: 115,000 BTC
The Bitfinex hack recovery wallet (now managed by the U.S. government): 94,600 BTC
These custodial wallets form the backbone of crypto infrastructure, supporting daily trading volumes worth billions.
Institutional Bitcoin Holdings
No company is more closely tied to Bitcoin accumulation than MicroStrategy, now rebranded simply as Strategy.
By mid-2025, the firm had amassed approximately 597,325 BTC, spending over $42.4 billion at an average purchase price of $70,982 per BTC.
Strategy is thus the largest publicly traded Bitcoin holder in the world—by far. Bitcoin now makes up nearly 92.5% of its balance sheet, a bold bet that continues to define its corporate reserve strategy.
Beyond Strategy, roughly 130 public companies held BTC on their books in 2025. Together, they own about 693,000 BTC—roughly 3.3% of the circulating supply.
Notable corporate holders include:
Tesla, with an estimated 11,509 BTC, quietly managed in Elon Musk’s now-legendary wallet
Block (8,584 BTC)
GameStop (4,710 BTC)
Semler Scientific (4,449 BTC)
XXI by Twenty One Capital (37,230 BTC)
All these companies hold BTC as part of asset diversification strategies.
Also worth mentioning is Metaplanet, a surprising non-tech player that held 15,555 BTC as of July 9, 2025, and aims to reach 210,000 BTC by 2027.
ETFs and Institutional Trusts
Institutions no longer stick solely to direct BTC purchases. Massive amounts of BTC are now held via ETFs and trusts managing funds on behalf of millions of investors:
Grayscale Bitcoin Trust (GBTC) holds roughly 292,000 BTC, remaining one of the largest BTC managers.
iShares Bitcoin Trust (IBIT) by BlackRock, launched in 2024, has quickly gained market share and now holds around 274,000 BTC.
These ETF holdings have introduced a more regulated and familiar investment format—at scale.
Which Countries Hold the Most Bitcoin?
As of mid-2025, an estimated 529,000 BTC—or roughly 2.5% of the total supply—is held in government custody, fundamentally changing the geopolitical dynamics of this once-decentralized currency.
The United States made headlines in March 2025 when President Donald Trump signed an executive order to create a Strategic BTC Reserve.
The 207,189 BTC stockpile—worth over $17 billion—comes exclusively from seized criminal assets and is not intended for sale.
This is a long-term asset (a digital Fort Knox), institutionalizing Bitcoin as part of national strategy and cementing the U.S. as a key player.
China, despite a domestic crypto trading ban, holds around 194,000 BTC—primarily seized during the 2019 PlusToken crackdown. These BTC remain inactive, but their presence still influences the market.
Other state holders of Bitcoin (as of July 8, 2025):
United Kingdom: 61,245 BTC
Ukraine: 46,351 BTC (mostly donated during wartime)
Bhutan: 11,924 BTC (mined using state-run hydroelectric facilities)
El Salvador: 6,229 BTC (resulting from its 2021 BTC legalization strategy)
In summary, national BTC reserves confirm its rise to a strategic asset class, shaping central bank policy and signaling institutional recognition worldwide.
The Richest Bitcoin Addresses: Who Are the Top Crypto Billionaires?
While the largest BTC addresses are held by corporations and custodians, individual holders still possess staggering amounts of Bitcoin. Some are publicly known, others remain anonymous shadows on the blockchain.
At the very top sits Satoshi Nakamoto, Bitcoin’s mysterious creator. Their wallet is estimated to hold between 968,000 and 1.1 million BTC—untouched since 2010. That’s nearly 5% of all BTC, resting on original addresses like a sleeping giant.
Other well-known names include:
The Winklevoss twins, with about 70,000 BTC. As Gemini founders and vocal crypto advocates, they’re among the industry’s most visible figures.

Tim Draper, a renowned venture capitalist and early BTC investor, still holds roughly 30,000 BTC purchased in a 2014 U.S. Marshals auction. He continues to predict BTC will reach $250,000.
Michael Saylor, via Strategy and personally, is among the largest holders. Beyond the company’s stash, he personally owns 17,732 BTC (as of August 2024)—worth nearly $2 billion today.
One lingering mystery: the address 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF, which holds 79,957.26 BTC. Believed to be linked to early exchange hacks, the funds are currently frozen. Still, it ranks among the richest BTC addresses in history.
BTC Whale Tracker: On-Chain Wealth Distribution
Bitcoin ownership remains highly concentrated—but the landscape is slowly shifting.
The top 10 BTC wallets (excluding Satoshi Nakamoto’s) control about 1.1 million BTC, or 5.5% of the total supply.
Looking further, the top 100 addresses collectively hold about 2.9 million BTC—14.7% of all circulating coins. These are mostly exchange reserves, institutional vaults, or high-net-worth whales.
However, a major shift is occurring just below this tier: wallets holding between 100 and 1,000 BTC have grown significantly over the past year. Their combined holdings rose from 3.9 million to 4.76 million BTC. That’s a substantial increase in crypto wealth distribution—suggesting smaller institutions, funds, and wealthy individuals are increasingly accumulating Bitcoin.
This trend aligns with broader crypto adoption, clearer regulations, and improved transparency in whale tracking. While large players still dominate in liquidity, Bitcoin’s economic base is expanding—potentially paving the way for more price stability.
From Exchange Giants to a Rising Middle Class
At the top sit massive cold wallets of exchanges like Binance, Robinhood, and Bitfinex. They’re followed by corporations like Strategy, institutional vehicles like Grayscale, national treasuries, and legendary personal wallets—chief among them Satoshi Nakamoto’s.
Yet the real story is the ongoing shift: an increasing number of mid-sized holders are emerging, while capital flows into ETFs and national reserves legitimize Bitcoin as part of mainstream finance.

Still, questions remain:
Will dormant wallets wake up?
Will companies like Strategy keep buying—or back off as the market evolves?
Will the largest BTC wallets continue to gr
ow—or will redistribution take hold?

Bitcoin hat einen neuen Rekord (rund 123.250 $) gesetzt, und der Markt spekuliert darüber, wie weit der Preis in diesem Jahr steigen kann. Laut technischer Analyse und Modellen liegen mögliche Ziele bei 130.000 $, 150.000 $ oder sogar 200.000 $. Und das bis Ende dieses Jahres.

In dieser Woche wird das US-Repräsentantenhaus voraussichtlich über den Senatsrahmen für GENIUS-Stablecoins diskutieren und möglicherweise abstimmen. Die Republikaner setzen sich ständig dafür ein, die Kryptowährungsagenda von Präsident Donald Trump durchzusetzen.

Darüber hinaus „flossen“ letzte Woche mehr als 2,7 Milliarden $ in Bitcoin-ETFs. Dies ist der fünftgrößte wöchentliche Nettozufluss seit ihrem Debüt im Januar 2024. Die zwölf Fonds verwalten jetzt Vermögenswerte im Wert von etwa 151 Milliarden $.

Eine Abstimmung über drei Gesetze im Zusammenhang mit digitalen Vermögenswerten wird in Washington vorbereitet. Die Veranstaltung, die von den Gesetzgebern als "Crypto Week" bezeichnet wird, könnte die Zukunft der Kryptowährungsindustrie in den USA erheblich beeinflussen.
Der US-Kongress arbeitet seit einiger Zeit an Gesetzen, die von Krypto-Lobbygruppen als entscheidend für mehr Klarheit und die weitere Entwicklung des Sektors beschrieben werden. Der Schwerpunkt liegt auf zwei Gesetzen.
Das erste reguliert Stablecoins, und das zweite führt einen klaren Rahmen für den Betrieb von Krypto-Märkten ein. Ein dritter Punkt auf der Agenda ist ein Gesetz, das die Schaffung einer digitalen Zentralbankwährung (CBDC) verhindern würde.

Bitcoin has always been presented as a rare digital asset with a limited supply. This property, which used to be more of a theoretical argument, is turning into a reality in 2025.
With more than 93% of the coins mined, limited creation of new Bitcoins and growing institutional demand, the market is facing a phenomenon that many refer to as a supply shock, i.e. a sudden shortage of liquid BTC.
While retail investors are looking for an opportunity to buy, long-term holders remain steadfast and institutions are buying up every free Bitcoin. The result is a tense market, where uncertainty is growing about whether there will be enough coins for new investors. And this can have a significant impact on the price.
Institutions are buying up Bitcoin and coins are disappearing from the market
Bitcoin’s transformation from a risky asset to a legitimate investment for institutional players has been rapid. Spot ETFs, approved in the US and elsewhere, have provided a gateway for pension funds, insurance companies and banks that had previously stayed away. But they are now pouring into the market with enormous force. For example, BlackRock’s iShares Bitcoin Trust saw a record net inflow of $6.35 billion in May.
However, this capital does not appear on exchanges, as ETFs move the purchased bitcoins into cold storage. The coins disappear from the market and become virtually unavailable for regular trading. Combined with the fact that approximately 70% of all BTC has not moved in more than a year, the environment is extremely illiquid.
Add to this other major players. Trump Media & Technology Group, GameStop, SoftBank and Strike with the Twenty One project – all of them have announced or completed massive BTC purchases. Twenty One has more than 42,000 bitcoins in its account at the time of its launch, making it the third largest corporate holder.
Michael Saylor and the Unbridled Bitcoin Strategy
Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has become a symbol of institutional accumulation. Since 2020, the company has ceased to be primarily a software company and has become a vehicle for holding Bitcoin. Strategy regularly issues new shares, raises loans and uses its cash reserves for one thing: buying BTC.
Currently, Strategy holds over 590,000 Bitcoin, which is about 2.75% of the maximum amount that can ever exist. This extreme concentration raises questions about decentralization and future liquidity. The company buys more Bitcoin per week than miners produce in a day.
And it is not alone. Wallets associated with Grayscale, Binance and several ETFs have also become among the largest holders. Currently, about 15% of all BTC in existence is concentrated in the 100 richest wallets. Some analysts warn that this is disrupting the decentralized nature of Bitcoin. Others, on the contrary, see it as a sign of confidence - big players are not selling because they expect a long-term price increase.
Halving, low supply and the threat of volatility
Every four years, there is a so-called halving, or a reduction in the reward for miners for a mined block. The last one took place in April 2024 and the reward fell from 6.25 BTC to 3.125 BTC. In practice, this means that only 450 new Bitcoins are created daily. In a time of rapidly growing demand, the new supply is not enough. Moreover, large companies such as Strategy are quickly exceeding this daily production with their purchases.
This decrease in new supply comes at a time when Bitcoin is leaving the exchanges. Only about 11% of all BTC is on trading platforms, the lowest since 2018. Most coins are locked in ETF wallets, corporate vaults, or cold wallets of ordinary users. This significantly reduces liquidity.
Any major buying or selling waves can then cause sharp price fluctuations. The market becomes more susceptible to extreme movements, either upwards or downwards. The question is not whether there will be a supply shock. It is already happening, but not all at once, but slowly, gradually. It is a long-term process, with thousands of coins disappearing from the market every week. And if demand continues to grow, the result could be an explosive price increase.

Over the past 24 hours, the cryptocurrency market has seen one of the most dramatic moves of the year. Roughly 232,149 traders were liquidated in the sharp price movements.

Bitcoin shorts were hit particularly hard on Thursday. The world’s most popular cryptocurrency hit new record highs. The price jump resulted in the liquidation of over $1 billion in short positions in a single day.

According to current data from CoinGlass, a total of approximately $1.01 billion in short positions were liquidated across the entire crypto market during this period. Bearish traders were the hardest hit, making up the majority of the 232,149 traders affected.

Naturally, Bitcoin was the main catalyst for this massive liquidation wave. Bitcoin short positions have seen an estimated $570 million liquidated, while Ethereum traders have lost about $206.93 million.

The dramatic sell-offs came as Bitcoin hit a record high for the second consecutive day. On Wednesday, the price climbed to $112,000, before breaking through $116,500 on Thursday and reaching $118,800 on Friday.

Cryptocurrency world reacts to short-selling spree
Current data from CoinMarketCap shows that the total market capitalization of cryptocurrencies has increased by an impressive 4.4% in just 24 hours, approaching $3.63 trillion.

The market sentiment has completely reversed, reflecting the surprise and disbelief with which bears (bear traders) are watching this development.

“The bears can’t believe their eyes,” crypto analyst Miles Deutscher commented on the market on Thursday on the X platform. Trader and analyst Daan Crypto Trades characterized the situation more aptly: “A HUGE short squeeze on BTC and ETH.”

Popular crypto commentator Velo also reacted similarly, noting the scale of the situation and, with some irony, noting: “There are a lot of emails being sent,” alluding to the notifications from exchanges to traders whose positions were liquidated.

Historically, one of the largest waves of liquidations ever occurred on February 3rd, when the market reacted to former President Donald Trump’s executive order imposing import tariffs. Over $2.24 billion was liquidated in a single day due to heightened concerns about the impact of a possible global trade war.

At the beginning of this week, many analysts remained skeptical about Bitcoin’s ability to surpass its previous highs in the near future.

Traders disagree on whether Bitcoin will reach new highs
Analysts from the crypto exchange Bitfinex warned on Tuesday that Bitcoin traders are showing a lack of strength to continue growing. The comments raised doubts about whether BTC can actually surpass its previous all-time highs.

Bulls are hesitant, or are unable to push the price significantly higher without new catalysts or clearer macroeconomic signals.
Report authors
The analysis was written by Bitfinex analysts at a time when Bitcoin was hovering around $108,500. Similar concerns were expressed by some other analysts, who assumed that the market was vulnerable without new news and positive impulses.

On the other hand, other cryptocurrency experts remained significantly more optimistic. Among them was MN Trading Capital founder Michaël van de Poppe, who publicly stated on June 30 that he expects an unstoppable breakthrough to a new ATH for Bitcoin, which could occur as early as the coming week.

This scenario has finally come true sooner than most of the market expected.

Currently, most traders still expect the price of cryptocurrencies to remain stable or even continue to rise. However, at the same time, the risks of liquidation are increasing even for traders who are now betting on further growth.

According to the CoinGlass platform, approximately $2.11 billion in long positions are currently at risk if the price of BTC were to return to Wednesday's high of $112,000.

Traders therefore face an uncertain future, where any significant movement could again trigger another massive wave of liquidations.

Gewinnmitnahme steht bevor: Bei welchem Preis wird die Trendwende erwartet?

Ein großer Kapitalzufluss und ein explosives Wachstum der Anzahl von Bitcoin-Wallets, die Analysten als "Akkumulatoren" beschreiben, deuten darauf hin, dass Bitcoin auf dem Weg ist, 130.900 $ zu erreichen.

Am Donnerstag stieg Bitcoin auf 117.800 $, als Reaktion auf ein erhöhtes Interesse von Adressen, die in der Vergangenheit wiederholt ohne signifikante Verkäufe gekauft haben. Laut der Analyseplattform CryptoQuant hielten diese sogenannten Akkumulationsadressen am 3. Juli insgesamt 248.000 BTC, das höchste Volumen in diesem Jahr.

Why Buy Bitcoin in 2025

Institutional Adoption and ETFs

US$150+ Billion in Assets Managed by US Spot Bitcoin ETFs ([The Block, July 2025]).

Firms like Metaplanet hold over 15,555 BTC in their coffers, which is equivalent to over $1.7 billion.

Bitcoin has established itself as a treasury asset – digital gold for corporations. Standard Chartered Analyst

BTC Price Growth Prediction

Political and Macroeconomic Support

Both Donald Trump and Elon Musk have been tweeting repeatedly about supporting BTC, which has increased trading volumes in the short term.

The Fed has cut interest rates to 2.5% (May 2025), making traditional bonds less attractive.

The US Strategic BTC Reserve proposal approved on March 6, 2025 may open up government-level BTC purchases.

Why to ditch Bitcoin

Extreme volatility

After hitting ATH $112,000, the price fell below $108,000 in a matter of hours due to US-China tariff tensions.

In 2022, BTC fell 70% from its ATH, which is a warning for investors with low risk tolerance.

Regulation and geopolitical risks

New US legislation from June 1, 2025 introduces higher taxes on profits from the crypto sector.

MiCA 2.0 is being discussed in the EU, which may tighten rules for crypto exchanges.

Environmental and ethical challenges

The Bitcoin network currently burns ~140TWh per year, comparable to some smaller countries.

Mining sustainability is still the biggest obstacle for ESG funds.

Interesting facts and figures

HALVING: 20.4.2024 — reward dropped from 6.25 to 3.125BTC.

Gold vs. Bitcoin: In 2024, BTC outperformed gold by 35%.

Crypto Week USA: July 2025 — a series of hearings on legislative proposals.

Bitcoin Rich List: Top 10 addresses hold over 5% of the total supply.

2030 forecast: Some analysts believe in a BTC price of 1,000,000USD.

What are your plans?

A) Increase your position in BTC and hold until the next halving.

B) Profit from volatility in the short term.

C) Wait for a more stable regulatory environment.

Share your opinion in the comments!