95% of all Bitcoin is owned by less than 3% of the holders. How is this not just institutional fraud?

Bitcoin is created as a counter to institutional wealth inequality in currency. Bitcoin is decentralized, open to all, and meant to protect the individual from institutional finance. <br><br>Instead, in just 12 years, 95% of all Bitcoin is owned by less than 3% of the holders (per google). What are the odds of that happening naturally in an openly traded system like Bitcoin? Bitcoin is not a prime example of decentralization in finance but an example of how easily finance gets hijacked by institutional fraud.<br><br>&#x200B;<br><br>Edit: Thanks to people who replied with good arguments and data. The data I read was flawed and I did not have the depth of understanding to see through it. <br><br>95% of all Bitcoin is owned by less than 3% of the holders. How is this not just institutional fraud?