2026-01-09 02:23:50

Looking at the Bitcoin holdings rankings, I found an interesting phenomenon. Satoshi Nakamoto is still the largest holder to this day, holding about 960,000 BTC, accounting for 4.6% of the total supply. This position is very stable. Next is MicroStrategy, which has added 672,000 BTC to its asset allocation and has become a major player among institutional forces. The US government is also not idle, with approximately 328,000 BTC held in accounts, ranking third.

Interestingly, MicroStrategy founder Michael Saylor's personal wallet also contains 18,000 BTC. This guy alone could rank in the top 15 globally. When you connect these data points, the top ten holdings are basically divided among Western capital—ranging from institutions to individuals to government agencies. The entire puzzle becomes clear—the global pricing power and discourse rights of Bitcoin are essentially in the hands of this small group. What this means for the market landscape, everyone should have a clear understanding.

BTC0,34%

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DAOplomacy

· 01-09 23:19

ngl the distribution narrative here is arguably missing some nuance on stake concentration dynamics... but yeah, the game theoretical implications are pretty non-trivial when you map out who actually holds the keys, so to speak.

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AlphaBrain

· 01-09 02:49

If Satoshi Nakamoto's 968,000 Bitcoins move someday, the market will explode. MicroStrategy's move is like putting the entire asset allocation on Bitcoin; they must be very optimistic. This guy Seiler is really a believer-level follower; holding 18,000 coins still puts him in the top 15, impressive. By the way, the US government is also hoarding; doesn't that indirectly admit it? The pricing power is in the hands of this small group; retail investors can only follow their lead.

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liquidation_watcher

· 01-09 02:40

Satoshi Nakamoto's 960,000 coins probably will never move, and Bitcoin's dominance is essentially locked. And Sellar alone has 18,000, how crazy must he be to hold on for so long? Western capital's hand is truly excellent; retail investors are still eating bread. The US government’s buy-the-dip of 320,000 is really a reality. This is why Bitcoin can never break through 100,000; it's all controlled by the major players who are absorbing the supply.

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ChainMelonWatcher

· 01-09 02:36

Satoshi Nakamoto's 960,000 coins are still sleeping. MicroStrategy and the US government are frantically stockpiling. What does this indicate? Everyone understands. Saler is truly incredible. His personal account alone ranks in the top 15. The combined power of institutions, individuals, and the government has long been locked in. This is why retail investors, no matter how much they HODL, can't shake the market... The pricing power is in their hands. Wait, Satoshi's large holdings haven't moved at all. Is it really because they can't move, or are they waiting for something? Western capital's recent moves are truly aggressive, all about long-termism. We're still trading on daily charts.

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