According to the latest statistics from Glassnode, the holdings of major Bitcoin holders are as follows:

1. Public companies: approximately 1.07 million Bitcoins

2. Government institutions: approximately 620,000 Bitcoins

3. U.S. spot ETF: approximately 1.31 million Bitcoins

4. Exchanges: approximately 2.94 million Bitcoins

These institutions collectively hold approximately 5.94 million Bitcoins, accounting for about 29.8% of the circulating supply, highlighting the trend of increasing liquidity concentration among institutions $BTC

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