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I think as soon as the ETFs were approved, it was expected that BTC will eventually be centralized. As you've said, it doesn't matter. I think the same applies to ETH. With Solana's popularity, it might be next as well. I think what matters is that crypto gets better recognition, and we continue to move forward to decentralization with other tokens.
RE: Bitcoin Holding Centralization Is Growing And Why It Doesnt Really Matter