Top 5 Biggest Bitcoin (BTC) Whales in 2025 and How They Influence the Market

Bitcoin ($BTC) remains the king of crypto, with its fixed supply of 21 million coins making it increasingly scarce.

In the rapidly evolving landscape of cryptocurrency, Bitcoin ($BTC) continues to reign supreme as the undisputed king. Its status as the first decentralized digital currency and its technical innovation have paved the way for the flourishing crypto ecosystem we see today.

Moreover, Bitcoin’s fixed supply of 21 million coins has become increasingly scarce, pushing prices higher in recent years, especially as institutions and governments are racing to accumulate BTC.

As we delve into 2025, let’s take a look at the top five biggest Bitcoin holders and how they influence the market.

1. Satoshi Nakamoto – The Mysterious Creator

Estimated Holdings: 1.1 million BTC

Ownership Share: ~5.2% of total BTC supply

Bitcoin’s anonymous creator, Satoshi Nakamoto, still holds the largest BTC stash, which has been sitting untouched in wallets since Bitcoin’s early days. If these coins were ever moved or sold, it could shake the entire market. However, since they’ve been inactive for over a decade, many believe they’ll never be spent.

2. Binance – The Crypto Giant

Estimated Holdings: 647,000+ BTC

Ownership Share: ~3% of total BTC supply

Known as the largest cryptocurrency exchange in the world, Binance is a hot topic among crypto enthusiasts. The exchange is used by millions of traders daily, and their BTC reserves are crucial for liquidity and exchange operations.

3. MicroStrategy – The Biggest Corporate Bitcoin Investor

Estimated Holdings: 423,650 BTC

Ownership Share: ~2% of total BTC supply

Under the leadership of Michael Saylor, software company MicroStrategy has become the biggest corporate Bitcoin investor. The company continues to buy BTC aggressively, believing it’s the best long-term store of value.

4. U.S. Government – The Unexpected Bitcoin Holder

Estimated Holdings: 205,000+ BTC

Ownership Share: ~1% of total BTC supply

Yes, you read that right—the U.S. government is one of the largest Bitcoin holders! These BTC reserves come from seized assets, mostly from criminal investigations and darknet-related cases.

Sometimes, the government auctions off these holdings, which can affect Bitcoin’s price. But they still retain a significant stash.

5. Winklevoss Twins – The OG Bitcoin Billionaires

Estimated Holdings: ~70,000 BTC

Ownership Share: 0.3% of total BTC supply

Early Bitcoin adopters Tyler & Cameron Winklevoss have turned their BTC investments into billions of dollars. As founders of Gemini Exchange, the twins remain vocal supporters of Bitcoin and are known for their strong stance on HODLing despite market volatility.

Final Thoughts: The Power of Bitcoin Whales

The entities above collectively own millions of BTC, giving them massive influence over the crypto market. As Bitcoin adoption grows, more institutions and governments are entering the space, further tightening supply and pushing prices higher.

With only 21 million BTC ever to exist, the question is: How much Bitcoin do YOU own?