#以太坊大户持仓变化 The changes in the world's richest people over the past 26 years may seem lively, but in reality, only six individuals take turns at the top. Since 2000, there's a more interesting story behind this list—the logic of wealth accumulation has completely changed.

Gates dominated the top ten for the first decade, Buffett briefly took the crown, and Slim unexpectedly became the richest with his telecom empire. Bezos has maintained a steady position year after year through e-commerce. In recent years, the focus has gradually shifted to one person—reflecting the increasingly obvious characteristics of a new era as the market evolved after 2022.

What is truly shocking is not the change of individuals, but the numbers themselves. From 2022 to 2026, the net worth of a certain billionaire doubled from about $219 billion to over $700 billion. This is not ordinary growth; it’s exponential expansion. The threshold for being the richest used to be the "billion-dollar club," but now it has entered a new dimension of "trillions."

Is this just a sudden burst of personal ability? Honestly, it’s not that simple. Factors like technological progress, capital flow, and globalization dividends stack together, creating a new model of wealth growth—jumping directly from linear to exponential growth. When a field has the capacity for rapid expansion, wealth no longer follows conventional accumulation rules.

What does this mean for the crypto market? Let’s look at two perspectives. On the positive side, Bitcoin and crypto assets themselves represent the ideal form of "exponential assets." As traditional wealth becomes increasingly concentrated, some funds will inevitably seek value carriers outside the system. Meanwhile, technology-driven narratives (such as the combination of AI and blockchain) are more likely to attract capital attention in this era.

But on the other hand, we must also be cautious. When capital tends to chase "sure winners," the survival space for small and medium projects will be severely squeezed. During periods of wealth concentration, assets with strong speculative attributes will become extremely volatile, and retail investors often become the targets of harvest in such environments.

One last point: this is indeed the era of exponential assets, but not necessarily for those blindly chasing the trend. Understanding the trend is important, but even more crucial is—where do you stand in this trend? Are you understanding it or being crushed by it? History never distributes dividends evenly; it only rewards those who truly see through it.