Recent data shows that #MicroStrategy and #blackRock 's #IBIT collectively hold over 1 million Bitcoin, valued at nearly $100 billion.
๐ This massive institutional stake underscores growing confidence in Bitcoin as a long-term asset and a strategic hedge. For traders, this signals strong institutional backing, potentially boosting market stability and attracting further investment.
๐ Monitoring these major holders and their movements can provide key insights into market trends, helping traders position themselves strategically to capitalize on future price fluctuations.
