- Wallets with credit over 10 BTC now control over 82% of the total offer and strengthen the institutional influence.
- Their BTC purchases almost correspond to the monthly mining output, which increases the BTC shortage in the market and the centalization of ownership.
Large Bitcoin owners consolidate control over the market and decentralization and long-term liquidity are worried. The latest data from Santiment, published on May 13th, show that Wallets with 10 BTC (approx. $ 1 million) hold 82% of all mixed bitcoins. This centralization trend is in contrast to Bitcoin’s original vision of a decentralized financial system. Since the assets concentrated in fewer hands, it becomes more difficult for small investors to find their way around the cryptoma market.
Institutional accumulation reinforces the market-hungry weight
The analysis of Santiment shows A significant shift in the dynamics of the Bitcoin possession. Wallets with 100 BTC or more-each worth more than $ 10 million-now make up 60.84 % of the total Bitcoin offer. If you incorporate all wallets with at least 10 BTC, this number increases to 82.51 %. Smaller wallets – those with less than one million dollars in Bitcoin – make up less than 18% of the circumferential amount of token.
This is currently 19.86 million. The maximum amount ever reached is 21 million. Since 94.57 % are already available, only 1.14 million BTC will be dismantled over the next 115 years. According to Santiment, wealthy companies quickly absorb this limited, extremely slow growing stock, which increases the scarcity before the natural schedule of the protocol.
Crypto research indicates these circumstances – CNF reported. According to the market analyst Adam Livingston corresponds to the recent monthly purchases from Strategy almost the 13,500 BTC, which the miners produced after halving in 2024. He calls this a “synthetic halving” in which large purchases imitate the natural mechanism to reduce the Bitcoin offer.
Concentration is fatal to liquidity and stability
The effects of this concentration are significant. Since so much bitcoin is enclosed in high -priced wallets, liquidity dries out. This means that fewer coins are available for trading and can increase price volatility. Small investors who hold around 3.47 million BTC (around $ 358 billion) are pushed out of the way.
According to the Santiment report, these small investors Miner, small retailers and individual investors-the original backbone of the decentralized Bitcoin system. But when the markets fall, small investors sell in panic and buy institutions with a discount. This cycle increases the wealth gradient and increases the control of the market by a few.
As already mentioned, Bitcoin was launched in 2008 by Satoshi Nakamoto as a peer-to-peer system in order to avoid centralized financial power. Seventeen years later, exactly the concentration that it should actually avoid becomes its determining characteristic. Without a course correction, Bitcoin will lose its original principle of the same financial access.
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