🏦 Glas,,snode data indicates that institutional holdings of #بيتكوين currently amount to approximately 5.94 million #BTC , which equals 29.8% of the circulating supply.
🌐 This figure includes balances held on trading platforms, instant exchange-traded funds, publicly traded companies, and governments; a large portion of #البيتكوين is concentrated in custody structures and large vaults.
📊 With the circulating supply reaching approximately 19.96 million #Bitcoin , this increase alters the liquidity dynamics. The number of coins available to the public in the spot market decreases daily, and prices tend to react more strongly when there are large inflows or outflows from these instruments, particularly exchange-traded funds and large trading platform wallets, due to recent circulating rumors about coordinated movements. 👀
🧭 As concentration increases, the market becomes more reliant on the behavior of a few actors and liquidity opportunities. This explains why the price of Bitcoin fluctuates between slow and rapid movements at times when the market direction changes. Will we see changes soon? 🔥
