People over the age of 65 accounts for 76 percent of all wealth in the United States.
Consider where the crypto markets will be when the younger generations that have grown up with cryptocurrency reach the age of this group...
What part of this wealth is locked in illiquid assets - big house in a quiet, peaceful neighbourhood? All this data shows "net worth" (houses, flats, cars) not money that someone is willing to gamble on highly volatile asset.
Speaking of gambling on highly volatile asset - the best way is to do it using someone else money. Just like microstrategy is doing it. Dead company whose annual profits are barely enough to pay off the interest on the debt is able to gain bilions to invest in bitcoin making a deal - if bitcoin pump we will pay you 6% profit if bitcoin will dump we will declare bankruptcy and you will loose your money. Who TF is buying theirs corporate debt papers?
Nevertheless ... imagine this:
Bitcoin just started to eat its portion of corporate debt bubble cake