The question of who owns the most Bitcoin has gained relevance amid strong market growth in 2025. We will examine the current situation, including Bitcoin distribution and investor activity.
Bitcoin Demonstrates Solid Footing
In July 2025, Bitcoin showcased its resilience, crossing several all-time highs. This positive sentiment has extended to Bitcoin exchange-traded funds (ETFs), which have seen a consistent surge in inflows.
Dormant Bitcoin Wallets Show Activity
Much of the recent growth in Bitcoin can be attributed to the unexpected movement of 20,000 BTC from two wallets dating back to the Satoshi era, remaining dormant since 2011. The total value of these coins exceeds $2.1 billion.
Binance Leads on List of Top BTC Holders in 2025
Binance’s primary cold wallet, holding 248,600 BTC, tops the list of Bitcoin holders in 2025. This represents about 1.25% of Bitcoin’s total circulating supply, valued at over $26 billion. Robinhood's cold wallet, with 140,600 BTC, follows closely.
The Bitcoin ownership landscape is continuing to evolve, with dormant wallet activity serving as a crucial indicator of new trends in cryptocurrency investment. Exchanges like Binance maintain leading positions, highlighting the concentration of influence in the market.