#Onchain: THE HOUSE'S GAME

As you can see, the Top 2% of wallets #BTC hold more than 98% of the total supply, cexs exchanges account for a large proportion of these 2% of wallets and hold ~11% of the total supply.

Total cap: 2.5T

Stable coin: ~151B (~6% totalcap)

After ETF, a lot of funds jumped in to drive the market. This not only helped the market have extremely abundant liquidity but also meant that the market would become saturated faster than ever, the period of x10 x20 x100 accounts would no longer exist. too much.