2026-01-08 23:23:35

The distribution of Bitcoin holdings is always a topic of great interest. According to on-chain data, Satoshi Nakamoto's wallet still holds the top spot, accumulating approximately 960,000 BTC, which accounts for 4.6% of the total Bitcoin supply—this number is enough to make any institutional investor blush.

Following closely are various players. The Strategy fund's name frequently appears in the crypto community, holding about 672,000 BTC. The holdings of the U.S. government and related agencies are also significant, currently around 328,000 BTC, officially making them one of the world's major Bitcoin holders.

What does this distribution pattern reflect? In simple terms, market concentration remains high. A few participants control a large portion of the chips, which is not uncommon in the crypto market. However, this concentration also amplifies market movements, as each fluctuation can be interpreted as significant. For retail investors, paying attention to the movements of these whales often allows early detection of market trend changes.

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GhostAddressMiner

· 01-11 23:21

When will Satoshi Nakamoto's 968,000 coins move? I'm just waiting here to see on-chain footprints. Why does the Strategy fund hold so many chips? I need to dig into the source of the funds. The US government is one of the holders... Uh, this storyline is a bit interesting. The higher the concentration, the better. When a whale shows any signs of movement, we can run early. Are dormant addresses just left like that? We need to see when abnormal trading patterns might occur.

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DeFiVeteran

· 01-11 19:08

If Satoshi Nakamoto's 968,000 Bitcoins really start moving, retail investors will have to run. I just want to know when the Strategy fund will liquidate its holdings in this wave. The US government is also hoarding coins now, this is really a bit desperate. With such a high concentration, isn't it just whales playing around? We might as well go along and join the feast. Honestly, it's just about watching the whales' mood to eat; this is the reality. If Satoshi Nakamoto sells, we probably all have to jump into the water. The US government holding 328,000 coins is definitely betting on the future. Where were we when the whales were accumulating? Now I finally understand the game rules.

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PaperHandsCriminal

· 01-08 23:52

Damn, Satoshi Nakamoto is still holding. Is this mocking us retail investors? The US government has already started buying the dip, and we're still hesitating whether to buy or not. When whales move, the market turns upside down. Our little chips are really like ants trying to shake a tree. Just by looking at the distribution of holdings, you can see that retail investors want to make money by following the big players' lead. If I had known earlier, I wouldn't have sold. Now I'm so regretful that I feel sick. The concentration is alarmingly high. Not to mention the huge risk, but I can't really do much with my small amount of coins anyway. The key is that they all start with millions, while we're still watching a few decimal points of coins.

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CountdownToBroke

· 01-08 23:49

Satoshi Nakamoto's 968,000 coins being inactive is really incredible. How can retail investors play? It's pretty outrageous that the US government has become a major Bitcoin holder. Whenever a whale moves, I lose money. It's really frustrating. Just looking at this concentration makes me realize it's the end. The Strategy fund holding so many chips, I don't have enough coins to compete.

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ForumMiningMaster

· 01-08 23:49

Satoshi Nakamoto still has 968,000 coins just sitting there, truly incredible --- The US government is also accumulating coins, they must really look down on the dollar --- Retail investors are just working for the whales; only by watching their moves can we survive --- Strategy Fund's 672,000 coins, feels like they've been continuously selling --- Such a high concentration and still claiming to be decentralized, hilarious --- Eating with the whales, now that's the way to go --- If Satoshi Nakamoto's wallet moves, it will scare a lot of people to death --- The US government's holdings are all public now, what else is there to play? --- Talking about sniffing out market trends, essentially betting on what the whales will do --- This data makes my scalp tingle; are we really playing the same game?

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AirdropHunterXiao

· 01-08 23:48

Satoshi Nakamoto's wave probably already has no one left, the US government is really the white knight

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NoStopLossNut

· 01-08 23:46

1. Satoshi Nakamoto's wallet is really the anchor, once it moves, everything moves 2. The US government is also mining? This plot is getting more and more absurd 3. Retail investors are just doing homework for these whales, haha 4. 968,000 coins, how many lifetimes would that take me... 5. Where did the Strategy fund's 670,000 coins come from? Have you heard of it?

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AirdropHarvester

· 01-08 23:30

Satoshi's coins are still sleeping, and we retail investors are here fighting The US government is also starting to hoard coins. What does this indicate? Whale movements are constantly shaking, and we have to catch our breath accordingly 4.6%, that's a pretty fierce ratio. No wonder the concentration is high The Strategy fund holds so much; once they sell, how are we supposed to play? Honestly, tracking these big players is much more reliable than watching candlestick charts This pattern, to put it plainly, is centralized. How can it still be called decentralized? Retail investors will always be the last to take the hit Look at their holdings, then look at our accounts—heartbreaking

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