Changes in high net worth investors and small-scale investors over the past week, as seen in the data. It is clear that high net worth investors holding more than 10 BTC have continued to increase their positions over the past week.

Especially as we see a decline in exchange reserves, it is likely that high net worth investors are not operating through exchanges, but are actual investors. On the other hand, small-scale investors holding less than 10 BTC maintained their positions before the price of BTC fell below $95,000, but showed signs of exiting after it dropped below $95,000, indicating that retail investors are more sensitive to changes in BTC prices.

By analyzing the data distribution of long-term holders and BTC holdings, we can still conclude this week that more BTC is being transferred towards long-term and high net worth investors.