Gold Financial reported that HODL15CAPITAL analyzed that in the past year, the Bitcoin market has significantly different capital differentiation. Data show that small investors continue to sell Bitcoin, while large funds players (such as ETF, Microslategy, etc.) have become the main net buyers in the market. Not only did they take over all the Bitcoin sold by small investors, they also absorbed all newly dug bitcoins. This trend shows that the long -term value of Bitcoin's Bitcoin has maintained a high confidence, and at the same time, it also highlights the intensification of centralized market funds. Investors need to pay attention to this change that may have a long -term impact on the market.