In fact, if we define high-net-worth investors as those holding more than 10 Bitcoins, we can see that their holdings have been steadily increasing over the past year. This indicates that high-net-worth investors remain interested in increasing their holdings, regardless of Bitcoin's price. Even after Bitcoin's price fell below $70,000, smaller investors holding less than 10 BTC continued to buy BTC. This is the current trend. Although many believe the current price is still high, the consensus among investors tells us that the current price is indeed quite attractive. More importantly, the exchange's outstanding balance is decreasing, suggesting that the increased holdings by high-net-worth investors are more likely from genuine users.