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Wall Street doesn't control Bitcoin, on-chain data suggests

Original: Wall Street doesn't actually control $BTC. On-chain data reveals 55% of supply sits in unmapped sovereign self-custody o

On-chain analysis indicates roughly 55% of Bitcoin's supply is held in self-custody outside regulated ETFs and institutional products, meaning Wall Street's exposure rests on a much smaller float than headline ownership figures suggest. Analysts warn that institutional leverage trading on this thin float could amplify liquidity shocks during sharp market moves, reigniting debate over who really controls Bitcoin's price.

Why now: Claims that institutional leverage trades against a tiny free float raise fresh concern about liquidity risk in Bitcoin markets.

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• Wall Street doesn't actually control $BTC. On-chain data reveals 55% of supply sits in unmapped sovereign self-custody outside regulated ETFs. Institutional paper leverage trades on a microscopic float, risking massive liquidity shocks. # Bitcoin # Crypto # Markets 👉 Read Full… · coinwire

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