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Whales' Control Over Bitcoin Supply Declines - Research The largest holders of bitcoin (BTC) - also known as the whales - have long been known to hold a firm grip over the market. But according to a new study, their level of control has been falling over the past five years. According to on-chain analysis firm Glassnode, the share of the BTC supply that is controlled by entities holding between BTC 100 (USD 1.2m) and BTC
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