Fair point. Assuming the current trend continues, the distribution will shift more to the right. To what extent, who knows.

Also, I wonder how ownership distribution looks for unique individuals who own bitcoin via self-custody vs via some custodian. I would not be surprised if the custodial owners greatly outnumber self-custodians today

There is a whole section in the report that lays put how this whole cycle is driven by institutions, while the investments by individuals are dropping sharply.

No, this is not fine.