Lately, I've been noticing that institutional investors' demand for Bitcoin is increasing, and I think there's a real possibility that it will continue to concentrate among large players as the supply is limited to 21 million coins. Considering that the current BTC price is about $79,600 and the circulating supply exceeds 20 million coins, it feels even more significant.

There's some interesting data: at least 1 million addresses hold more than one Bitcoin. If we translate that into population terms, it’s like a "Bitcoin holder community" at the scale of capitals like Ottawa or Abu Dhabi. The total assets held by these addresses surpass the entire GDP of the UAE, which shows a high level of concentration.

But what's important here is that, in reality, one person can hold multiple wallets or addresses, and many addresses are managed by exchanges. So, the number of addresses does not equal the number of individual investors. Only a small fraction of active wallets are actually managed by individuals. If you're investing in Bitcoin, I think it's really important to understand these realities, do your own research, and make informed decisions (the so-called DYOR).