Do you think in the past year and a half (since ATH), has there been a quiet redistribution of bitcoins? Do you think major players are quietly accumulating right now?
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Of course there has been a redistribution, from early adopters to
Major players are quietly distributing now, they will accumulate when we'll reach double digits (or close).
You keep trotting out this scenario but each time it looks less and less likely.
Besides, the high volume capitulation at 160 and the months later were the accumulation phase. Shorts are down by 25k on bitfinex, I wonder why they aren't reaccumulating for double digits!
