How many bitcoins do individual investors hold? Will these BTC affect the price increase. Firstly, if holding less than 10 BTC is considered as a retail investor, then as of now, the total number of BTC held is 3485848, which may exceed the recognition of many investors. Of course, there may also be some who believe that high net worth investors are diversifying their BTC holdings. So if investors holding less than 1 BTC are considered retail investors, as of now, they hold a total of 1388842 BTC. So, investors holding between 1 and 10 BTC hold a total of 2.097005 BTC. So even if calculated based on holdings of less than one, it still exceeds 1.388 million, but do these investors frequently change hands? It is very interesting that, based on historical data, investors holding less than 1 BTC have been increasing their holdings in the general direction. In other words, more and more investors are choosing to hold even 0.001 BTC, but these investors are not very interested in selling their BTC. Although there are signs of reducing holdings every time BTC reaches a historical high, the sales of this portion can be said to be very rare. What about investors holding 1 to 10 BTC? The answer is almost similar. Investors holding 1 to 10 BTC are still mainly holding in the general direction. Compared with investors holding less than 1 BTC, investors holding this position are more concerned about "jumping to the top" and "buying at the bottom". It can be clearly seen that when the price is at a high level for a long time, these investors will choose to leave, and then buy at the bottom when the price is at a low point. However, the number of investors who choose to change hands is still very small. What does this mean? Retail investors on the chain are not very interested in selling their BTC holdings, while more retail investors on the exchange are often short-term holders. So when we switch to holding less than 10 BTC, we can see that investors holding less than 10 BTC still focus on buying in the general direction, and the higher the BTC price, the more they buy. As for holding more than 10 BTC, it is slightly difficult to count, as this may include the hot wallets of the exchange, which may be accounts held by some institutions. So, are these retail investors on the chain long-term holders or short-term holders? From the perspective of retail investor movements, the probability of retail investors being long-term investors is higher than that of short-term investors. More retail investors are actually long-term holders, because the overall data is continuously upward, indicating that most retail investors on the chain have not participated in the exchange of hands. If investors who have held positions for less than 6 months are considered short-term investors, then the data of short-term investors holding 3907136 BTC so far is very similar to the fluctuations of addresses holding more than 100000 BTC, which are often held by first tier exchanges or custodian institutions. The actual situation is that the addresses holding 100 to 1000 BTC are the ones with the most recent increase in holdings. Therefore, many friends will definitely ask if these addresses are the addresses of the exchange. The answer is highly likely not, because we have seen no increase in BTC holdings on the exchange, so at least not all of these addresses belong to the exchange. So what kind of result do these data give us, that is, the majority of investors still choose to hold Bitcoin, regardless of the price of Bitcoin, and the BTC held on the chain does not show signs of significant reduction in most cases, but the overall trend is upward. The factors that affect price changes are often the BTC in the stock of the exchange, so the less BTC in the stock of the exchange, the lower the pressure on the price, while the more BTC in the stock of the exchange, the greater the pressure on the price. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex