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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