BTC price is chopping, but the chain is awake. I queried all transactions >10 BTC over the last 30 days to see if the big players are stepping back. They aren't. Transaction count for whales remains elevated despite the red candles. Retail gets bored. Smart money gets busy. #Bitcoin

The myth that #Bitcoin is more unequally distributed than the traditional financial system is false. When adjusting for exchange wallets, Bitcoin's Gini coefficient is roughly 0.82. The global fiat system scores worse, around 0.88 according to the UBS Global Wealth Report. The key difference is the trend. Fiat wealth continues to centralize over time. Bitcoin is distributing. In 2012, whales controlled 62% of the supply; today, that figure is down to 34%. One system is concentrating, the other is dispersing.