BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures
People are becoming more and more aware of "your keys your coins" after the collapse of some centralized services.
Here are some charts
[1] that show:
⠀ |  Bitcoin holdings by centralized exchanges are on the decline. | ⠀⠀ |  Massive withdrawals at the time of the collapse of Terra UST (around May) and FTX alongside Blockfi's bankruptcy (in November). |
1.
https://cointelegraph.com/news/bitcoin-exchange-withdrawals-sink-to-7-month-low-as-users-forget-ftx