Whale Factor|Oct 21, 2026 02:50
🐋 WHALE WATCH : Three institutions hold more than 800000 BTC each. The fourth largest holds less than a quarter of the smallest of them.
=> COIN — 965000 BTC $787B custody for clients Coinbase holds 17311 BTC itself
=> MSTR — 848517 BTC $69.2B
=> IBIT — 806037 BTC $65.7B
=> FBTC — 184058 BTC $15.0B
=> http://Block.one — 164000 BTC /$13.4B
=> GBTC — 125800 BTC $10.3B
=> Tether — 100000 BTC $8.2B
=> Metaplanet — 44000 BTC $3.6B
=> SpaceX — 18712 BTC $1.5B
=> TSLA — 11509 BTC $938M
MSTR and IBIT sit 42000 BTC apart. Below those three the drop is steep. Teslas entire stack is less than 1.5% of IBITs.
Who passes MSTR first ?
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