Next up is the data on user holdings distribution. Last week, we already saw that high-net-worth investors holding more than 10 BTC were increasing their positions, while small-scale investors holding less than 10 BTC were reducing theirs. Now, this trend is even more pronounced. As BTC prices rise, small-scale investors are actually reducing their holdings on a larger scale. Not sure if it’s due to unfavorable expectations around rate cuts or plans to exchange BTC for other investment assets, but overall, high-net-worth investors are still decisively increasing their positions. Currently, high-net-worth investors hold over 16.473 million BTC, while small-scale investors hold only 3.445 million BTC. The data clearly shows that more BTC is flowing into the hands of high-net-worth investors, while small-scale investors tend to hold BTC for short-term profits. As BTC prices continue to rise, their holdings are decreasing even further. Sponsored by Bitget ｜ @Bitget_zh