PANews December 13 news, glassnode published an analysis stating that the holdings of major Bitcoin holders are as follows:

Listed Companies: Approximately 1.07 million Bitcoins

Government Agencies: Approximately 620,000 Bitcoins

US Spot ETF: Approximately 1.31 million Bitcoins

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 and custodians.