From the perspective of BTC holding data, there hasn't been much change. Although there was a trend of investors holding less than 10 BTC increasing their positions when the price of $BTC dropped, this did not last long, and they returned to a selling state.

Small-scale investors are still quite sensitive to price changes, while high-net-worth investors holding more than 10 BTC have consistently maintained an increasing position. Currently, high-net-worth investors hold a total of 16.482 million BTC.

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