Analysis: Long-term holders collectively hold 14.35 million BTC, representing approximately 68.3% of the total supply.

PANews reported on December 14th that blockchain analyst Murphy analyzed that 153 companies hold a "non-zero balance" of BTC. Among them, the top 29 listed companies hold a total of 1.082 million BTC, while the remaining listed companies hold 54,331 BTC. Besides the BTC held by physical enterprises, spot ETFs currently hold a total of 1.311 million BTC, with BlackRock holding 777,000 BTC, Fidelity holding 202,000 BTC, and Grayscale holding 167,000 BTC. Global governments hold a total of 615,000 BTC, with the US government holding 325,000 BTC, ranking first.

In addition, there are 3.409 million BTC held on-chain for 10 years without being moved. Apart from some cold wallets on established trading platforms and true BTC OGs, many of these should be attributed to "lost private keys or untraceable address owners," including over 1 million BTC belonging to Satoshi Nakamoto. Therefore, all long-term holders collectively own 14.35 million BTC, approximately 68.3% of the total BTC supply.