This would imply that all cryptos are handled by 10 bots, which isn't the case. Coinbase added 1 million users in June last year, and that's just one exchange,

This would imply that all cryptos are handled by 10 bots, which isn't the case. Coinbase added 1 million users in June last year, and that's just one exchange, so think if crypto owners approximating 100 million people. They sure also buy cryptos, not only bots.