According to the recent week's BTC holding distribution data, high-net-worth investors holding more than 10 BTC have continued to buy, while small-scale investors holding less than 10 BTC have been continuously selling. This data aligns with our ongoing assessment that most BTC is flowing into the hands of high-net-worth investors who intend to hold long-term. These investors tend to focus more on the long-term trends of BTC and are indifferent to short-term price fluctuations. They are looking at the potential value and long-term growth potential of BTC in the future economic landscape, emphasizing its importance as a unique asset in asset allocation rather than the fluctuations in price in the short term.