Bitcoin Addresses Holding Over 0.1 BTC Haven’t Grown in Two Years, What Does This Mean?

Since Bitcoin’s launch, the number of addresses holding more than 0.1 BTC has climbed steadily through every market cycle, until now. Data shows that addresses in this cohort haven’t grown at all over the past two years, breaking a trend that held for more than a decade. 
The stagnation indicates a change in how smaller and mid-sized investors engage with Bitcoin, even as broader institutional activity in the market continues to rise.
Small Holder Participation Reaches A Standst