Bitcoin wey dem hold plenty for Whales, big big company, ETF, an government hand
Recent gist show say small group of people now get plenty Bitcoin (BTC), and dis one dey shake crypto market. Before before, big Big men (whales)—dem be wallet wey get 10 to 10,000 BTC—don grow dia power, now dem hold over 82% of all de Bitcoin wey dey available, while small small owners own only 17.5%, wey be de lowest ever. Big companies like MicroStrategy, and even people like de Winklevoss twins and Tim Draper, don buy plenty. Wetin dey happen now show say US spot Bitcoin ETFs now get over 1.1 million BTC in total, pass wetin Bitcoin creator Satoshi Nakamoto get before. BlackRock’s iShares Bitcoin Trust (IBIT) be de leader among ETFs, dem get over 636,000 BTC, meaning say big companies and normal people dey accept am more. Top exchanges like Binance also dey gather plenty Bitcoin for dia customer accounts, wey dey make BTC even more central. At de same time, governments like US, China, and Bulgaria collectively get hundreds of thousands of BTC from seizing property or as dia own reserve. Even though wetin Satoshi and early miners get before dey make de market stable, de way ETFs and big investors dey get more power—plus de government holdings wey no clear—dey bring legitimacy and new wahala of price jumping. For traders, e important to dey watch wetin de big holders and companies dey do, because dem fit cause big price changes and change how BTC go be for long time.
Neutral
As Bitcoin dey gather for big big hands, like institutions, ETFs, and even governments, e show say e dey get more realness and plenty people don dey accept am. This fit bring new investors and money enter. But e also mean say the price fit scatter anyhow, because if big big 'whales' or companies wey get am decide to shift dem money, the price fit just jump or fall quick quick. Wey small small people don dey comot dia hand for Bitcoin reach all-time low, and say we no too sabi wetin some government get, e just add to the shakiness. Even though Satoshi and early miners dem old coins dey give small stability, the fear of sudden sales, new government rules, or ETFs buying plenty plenty fit make the market behave anyhow. So, all these things no mean say market go just go up or just go down; na complex matter wey dey change, so traders go need to open dia eye well well.