The distribution of BTC holders shows that high-net-worth investors holding more than 10 BTC have seen a slight decline in holdings during the price drop. Considering the inventory on exchanges is also decreasing simultaneously, this could be attributed to exchanges reducing their positions, though the scale isn't significant. On the other hand, small-scale investors holding less than 10 BTC are showing clear signs of buying the dip. Currently, high-net-worth investors collectively hold 16.493 million BTC, an increase of 1,000 BTC compared to the same period last week. BTC continues to shift toward high-net-worth investors, even in the face of significant price drops. This indicates that high-net-worth investors are not exiting the market in large numbers during the downturn. This post is sponsored by Bitget ｜ @Bitget_zh