In 2017, owning 1,000 bitcoins was considered a big holder 🐂
In 2021, the standard dropped to 200 bitcoins 👀
By 2024, even miners with 100 bitcoins can be considered big holders 🤣
By 2026, it is estimated that merely holding 5 bitcoins will qualify one as a big holder 🥺
During this process, many former big holders have exited the market. The bear market or prolonged fluctuations have caused bitcoin to experience significant turnover, with almost every half-year fluctuation cycle erasing previous gains, forcing it to be revalued.
Today, very few of the older generation of big holders remain; they have either been washed out of the market or have suffered severe losses.
Thus, the saying holds some truth: one year in the crypto world is equivalent to three years in the human world...