On-chain entities holding 100,000 BTC suddenly reduced their holdings by 25,000 BTC after BTC broke above $86,000. This is the first major de-risking action by this group since April this year.
At present, it seems the market may be able to absorb this wave of selling pressure, though the pressure may not have fully transmitted to the secondary market yet. We should closely monitor subsequent actions to determine whether this is a one-off event or a sustained trend.
This could affect BTC’s price performance over the next 2–3 months
#本周Strategy与Strive增持2305枚BTC
At present, it seems the market may be able to absorb this wave of selling pressure, though the pressure may not have fully transmitted to the secondary market yet. We should closely monitor subsequent actions to determine whether this is a one-off event or a sustained trend.
This could affect BTC’s price performance over the next 2–3 months
#本周Strategy与Strive增持2305枚BTC