Galaxy Research's October snapshot classified about 11.1 million BTC, roughly 55% of the roughly 20.1 million mined, as held in addresses it cannot link to any known entity. Galaxy's head of research, Alex Thorn, said this suggests self-custody remains widespread, while Xapo Bank argued it shows retail investors have been in bitcoin for over a decade. The article cautions that this unattributed pool may include lost coins, unidentified institutional holdings and coins spread across complex custody setups. The other 45% has names attached, including exchanges, BlackRock-led ETFs, the U.S. government and the largest named holder, 'Satoshi Nakamoto (Patoshi Pattern),' at 1,123,658 BTC.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/25/2026 | 80,154.09 |
| Change that session | -0.91% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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