Major Entities Hold 27% of Total Adjusted Bitcoin Supply

According to Odaily, data from Glassnode reveals that all major entities collectively hold 4.23 million BTC, accounting for 27% of the total adjusted circulating supply. This figure is calculated by subtracting the amount of Bitcoin that has been idle for over seven years from the total supply. The breakdown of the holdings is as follows: U.S. spot ETFs hold 862,000 Bitcoin; the Mt.Gox trustee holds 141,000 Bitcoin; the U.S. government holds 207,000 Bitcoin; all exchanges hold 2.3 million Bitcoin; and miners, excluding Patoshi, hold 706,000 Bitcoin. This data provides a snapshot of the distribution of Bitcoin among major entities and offers insight into the current state of the Bitcoin market. It is important to note that these figures are subject to change as the market evolves.