In the future, there will be fewer and fewer BTC in the hands of retail investors.
The whales with 100-1000 bitcoins hold a total of 4.01 million bitcoins, and have increased their holdings by 190,000 in the past 6 months. These are the chips that have been washed away by retail investors. It has been said before that the third quarter is garbage time. The third quarter is the time for institutions, companies, large investors and other major investors to absorb funds. In order to fully increase the turnover rate, the market has been washed for several months. The purpose is to make everyone's cost price of holding BTC between 50,000 and 70,000 US dollars. Only when everyone's cost price is in this range can the market be pulled up better in the future. The cleaner the washing, the more violent the pull-up, the longer the horizontal, the higher the vertical.
In the future, the majority of retail investors will have less and less bitcoins every year, because ordinary people need to buy houses, buy cars, raise children, see doctors... and many other times when they need money, we will slowly sell the bitcoins in our hands. And after selling, due to the continuous rise in the price of the currency, ordinary people can no longer afford hundreds of thousands of dollars of bitcoins.
The only obstacle that prevents Bitcoin from breaking through $1 million is time.
I hope that the BTC in our hands will still be there in 3, 5, or 10 years. As the saying goes: "Hold BTC and let time accompany us to slowly become rich."
