Re: Buy the DIP, and HODL!

Quote from: tiCeR on Today at 12:39:30 PM

You could argue that from end of 2023 >10,000 BTC wallets dropped from 120 to around 100. But from 2021 to 2023 it first increased from 80 to 120. And ever since 2014 the number of whale wallets >10,000 remains at today's level. It is around 100 wallets. Even if someone empties their bag, someone else seems to be buying it. Obviously there are fluctuations and people took profits over the course of so many years, but there have still been whales gobbling up tons of BTC.

I would like to point out that during last few years there was big change in population that owns BTC. Few years ago the most owners of BTC wallets were individuals, but now with ETF funds more and more BTC becomes ownership of the banks, trusts and other organisations.

https://river.com/learn/who-owns-the-most-bitcoin/