Bitcoin is regarded as one of the most liquid assets in the financial market today because of the global establishment of Bitcoin exchanges, trading platforms, and brokers.
Investors or holders of Bitcoin can easily trade Bitcoin for cash or for other assets like gold and cryptocurrencies instantly, with low fees, unlike shares of a company or publicly traded funds that require the operations of a third party institution like a stock exchange to process and settle orders.
There is much speculation about who holds the most crypto coins. Some believe that most of them are owned by large exchanges, funds or mining firms which use their position to influence the market in their favor. These are often referred to as “whales”, – big money investors in crypto – which are usually institutions such as Hedge Funds and Investment Funds that often cause “waves” in the market for small-time investors.
But still, there are also many users that through their collective investment in Bitcoin have put certain countries on the crypto map for owning significant amounts of the digital coin. These countries, from a well detailed research, are:
- The United States
- Romania
- The Czech Republic
- China
- Spain
- Poland
- Turkey
- Japan
- Switzerland
- South Korea
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