I would call those people who bought bitcoin when it was cheaper than 20K in 2017 winners... Even those who bought at 20K and didn't sell in a panic are also winners!
This by the way is a great example that HOLD is the best strategy!

It is clear that when since 2018 bitcoin has continued to fall and there is no sign of going up and being stable, that's when those who buy bitcoin have certainly enjoyed the benefits of last year's events until now. because the price at that time was low and worth buying and keeping.

if I may be the same as your belief that big companies and traders who can certainly maintain their bitcoin. For others, I am not sure that I can withstand the situation. at the beginning of last year when the pandemic occurred and we can be sure that they will sell for more important needs during the pandemic. there must be some who have no impact and he is some very lucky person.

but there is still a long time to go and there is no need to rush to sell it. Renewable ATH will happen again this year.

I believe this time whale takes the maximum benefit even I would say BTC is still bullish so there is a chance for normal traders also who bought BTC can earn good profit. Traders also earn profit but Institutions and whales took the maximum profit. We can not say Institution has cashed out or not but I believe they still hold BTC as the momentum of BTC is still bullish. This time BTC moves very quickly so small traders are not the winner of the Bitcoin pump.

I think one of those are the people who trust bitcoin I know some of them to think this is one of their fullest regret in their lives unexpectedly the price of the bitcoin pumps most of the rumors are just exceed the previous all the time and didn't expect it will come up over 40k. If you are mentally weak enough for sure you already sold your BTC when it reaches 10-15k and to those who people who held more than a year I would like to congratulate you, this is your new Lamborghini or a Bugatti.

I think the winner of this time is the long term trading holding a lot of year's it's a challenge to make a profit. Of course, the short-term trading rides the market volatility.

Exactly! Whales that has been hodling bitcoin from the start before it blooms are the winners. Also, for those who still had their bitcoin which they bought literally on a lower price since it's not that popular within that timeline are also considered as winner. It's quite right that we can consider crypto users as winners in different way and aspects as long as they gain profits from bitcoin's huge success.

Everyone who bought bitcoin, even those who bought a little bit late in the bullrun benefitted, may not be financially with the increase in profits and all, but in some way or another, like how it allowed people to take advantage of bitcoin's security. So even if you did not get that much from the bull run because you came in late to the party, rest assured that as long as you hodl, you will gain bigger benefits from it. It's better to be late than never, advose them to buy even at this moment instead of not buying at all and missing out yet again on future ATHs, that way they can hodl as much without the worry of FOMO

Traders partly contributes to the pumps happen with bitcoin, but most of these folks only ride with trending waves. Honestly I appreciated those long term holders and investors who've been diligent in controlling themselves against panic. It's not an easy determination to wait for such a long time, until such time bitcoin achieved the most profitable value. Looking back since 2017, I believed that these people kepts accumulating their asset and sacrificed those personal wants just to fulfill their dreams. They're really an ultimate winner because of faith and courage in every challenges.