According to data, the average purchase prices of BTC for different investor groups are:

🟠ETFs and custody wallets – $89,000
🟠Binance traders – $59,000
🟠Mining companies – $57,000
🟠Old whales – $25,000

Despite recent bearish trends, funds and influencers predict SOL could reach $520 or higher by year-end.

In 2024, BTC distribution shifted significantly:

🟠Retail investors sold 525,000 BTC, with most of it flowing into crypto ETFs, which gained 519,000 BTC
🟠Companies were major buyers, increasing their holdings by 374,000 BTC
🟠Governments reduced their reserves by 62,000 BTC
🟠Despite these shifts, nearly 70% of Bitcoin remains in the hands of retail investors, reinforcing its decentralization

By the end of Q4 2024, 1,576 professional firms held U.S. spot Bitcoin ETF exposure, with total AUM reaching $26.8bn, a 113% increase.

Institutional investors now account for 25.4% of AUM, up from 21.3% in Q3, driven by strong IBIT activity.

Struggling companies are buying Bitcoin in hopes of avoiding bankruptcy, not investing in business development but rather seeking to draw attention to their stocks.

Bitcoin reserve legislation gains momentum across the U.S.:

🟠20 states are initiating Bitcoin reserve legislation, with 15 already in formal legislative review
🟠Utah’s HB0230 is leading—passed in the House and now under Senate consideration
🟠If approved, HB0230 could allow Utah to allocate up to $70m into BTC
🟠California’s pension funds already hold $150m+ in MSTR stock, highlighting institutional demand