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In fact, if holding more than 10 Bitcoins is considered to be a high net worth investor, then...

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Phyrex
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20 hours ago
AI summarizes in 5 seconds.

In fact, if a holding of more than 10 Bitcoins is considered a high net worth investor, then over the past year, we can see that the holdings in this range have been consistently increasing, indicating that high net worth investors are still interested in accumulating $BTC, regardless of the price of Bitcoin, they are increasing their holdings.

Even when the price of Bitcoin fell below $70,000, small-scale investors holding less than 10 BTC were still buying BTC, which reflects the current trend. Although many people believe the current price is still very high, the consensus among investors indicates that the current price is indeed quite attractive.

More importantly, the inventory on exchanges is decreasing, which suggests that the accumulation by high net worth investors is more likely to be from real users.


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Selected Articles by Phyrex

4 minutes ago
This statement is consistent with the bullish and bearish judgment given by GlassNode's NUPL data.
42 minutes ago
I think this friend's private message question is very representative.
4 hours ago
I felt quite conflicted when I saw this kind of tweet.
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avatar
avatarPhyrex
4 minutes ago
This statement is consistent with the bullish and bearish judgment given by GlassNode's NUPL data.
avatar
avatarPhyrex
42 minutes ago
I think this friend's private message question is very representative.
avatar
avatarPhyrex
4 hours ago
I felt quite conflicted when I saw this kind of tweet.
avatar
avatarPhyrex
5 hours ago
I actually think that.
avatar
avatarPhyrex
5 hours ago
In fact, data is this thing.
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