Explanation: What you can see here is the distribution of Bitcoin held by rich and poor people. Essentially what you can see is that there wasn't any noticeable wealth transfer between early rich Bitcoin holders and poorer Bitcoin holders over the last decade. You can see this because the time slider proceeds while the distribution ring doesn't change much in how it is composed.

Really nice finding for me !

Can we say that it is stagnating?

What you can see here is the distribution of Bitcoin held by rich and poor people.

IMO that's a bad take. What you see here is a booming business of bitcoin custody.

Every centralized exchange, every brokerage, every ETF, every investment fund, etc.