According to @CryptoWhale, Bitcoin is no longer primarily used for payments as originally intended, but is instead held in wallets as a store of value, reducing its threat to the US dollar's dominance (source: @CryptoWhale, Twitter). This shift affects trading strategies, as Bitcoin's reduced transactional use signals lower short-term volatility linked to payment adoption, potentially increasing its correlation with traditional safe-haven assets (source: Glassnode Data). Traders should monitor wallet holding patterns and on-chain activity to gauge market sentiment and anticipate macroeconomic impacts on the crypto market.