Bitcoin Holdings by Major Entities Reach 6M; BTC Price Remains Below $100k

iconCoinEdition
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Bitcoin price remains below $100k as major entities now hold nearly 6 million BTC, per onchain data. Centralized exchange holdings have fallen below 3 million over two years. Institutional demand has risen, especially in the U.S., with public firms, governments, and ETFs holding around 3 million BTC. Bitcoin price today faces pressure between four-year cycle bears and bullish institutional trends. Analysts say BTC must break above $99k to dismiss downside risks to $76k.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.