[trophycase]

It isn't making them richer unless they sell, at which point the wealth is further distributed. Also exchanges and custodial wallets skew the distribution numbers.

[noncoml]

> It isn't making them richer unless they sell,

Jeff Bezos is not the richest person in earth unless he sells.

> at which point the wealth is further distributed.

They basically exchange Monopoly money for real money. If that’s what you mean by wealth being distributed, then you are right.