Seeing this set of data, I was truly shocked.

There are currently 368 entities worldwide holding crypto assets, with a total scale surpassing $185 billion. This number alone is already astonishing, but what’s even more surprising is the following ratio — 73% of these are concentrated in institutional accounts.

Do you understand what this means? It’s not retail investors speculating, not short-term traders playing around, but long-term holders with patience and capital making strategic allocations. Government holdings also account for more than a quarter.

Looking at it from another perspective, what does this indicate? It shows that the crypto market is no longer a niche game. Those still saying "the crypto world is just high-risk speculation" might really need to update their understanding. What is the reality? Major institutions are already treating these assets as strategic long-term holdings.

The most interesting comparison is this: while retail investors are debating whether prices will go up or down today and whether to jump in, the real big players have already locked their chips into their books. They don’t need to shout buy signals or create hype; they quietly make their allocations there.

This isn’t about hype for a bull market, nor is it anyone setting the rhythm. It’s a very clear market signal: dominance is shifting hands, and it has already shifted about halfway.