#比特币巨鲸动向 This is fundamentally impossible. Such a massive amount of BTC cannot be sold through the market in that way. It is more likely to be done via OTC, which is different from the decline seen with Grayscale back in the day.

Secondly, such a massive amount of BTC will not be transferred to exchanges because even whales have trust issues; if it gets frozen as soon as it enters, that would be even more troublesome. His selling method will definitely be a gradual OTC sale; otherwise, with such a massive amount of BTC, selling at lower and lower prices would not be an option for someone who's wealthy, not foolish.

Moreover, considering the connected data, the market is still in an upward structure, with stablecoins continuously being issued and a large amount of BTC being withdrawn from the market.

Therefore, finding a pullback to go long on BTC is a very good choice.