20,000 wallets now control nearly 10% of BTC; has

• Over 20,000 BTC wallets held $ 10 M+ each, showing rising wealth concentration in crypto.
• Whale accumulation is surging even as retail lags, raising fresh questions about Bitcoin’s decentralization ethos.

Bitcoin [BTC] was built to decentralize finance.

However, as it trades closer to an all-time high, the numbers tell a different story. Over 20,000 wallets now hold more than $10 million each – nearly 10% of the entire BTC supply.

This is a sign that the network’s wealth is quietly consolidating in the hands of a few.