.CathieDWood has offered more praise for Bitcoin
Ark Invest has noted that the supply held by long-term holders remains unchanged despite the FTX-induced market turmoil.
Last month, the number of active Bitcoin owners also spiked by more than 18%, which is the largest positive percentage change since early 2021. This confirms the assumption that self-custody continues its upward trajectory. The “flight to self-custody” is also believed to be the reason behind the largest monthly net outflows from centralized exchanges. , Wood predicted that Bitcoin would hit $1 million by 2030 in late November.
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