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This trend will start flatlining hard after the next cycle
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I'm not 100% sure about it.
IMO more people will be interested in having that balance under their control.
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yeah exchange holders will start to take self custody, but once bitcoin reaches six figure $ valuations the illustrious 1 BTC balance will become even more illustrious
people will get priced out
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IMO, this chart is also very relevant. https://i.postimg.cc/c4t31gyH/Screen-Shot-2023-06-20-at-10-19-09-am.png