Did Galaxy sell Bitcoin, leaving retail investors scared? 😂
Today there was another big move on-chain:
📉 Galaxy Digital seems to have made a large transfer of Bitcoin, and rumors are spreading that 'the bull market is over.'
But guys, let's stay calm:
Doesn't this tactic seem a bit familiar?
📊 Every time during a bull market, there are always news of 'institutional sell-offs',
What happens next? They sell off and then buy back, buy back and then sell off,
In the end, who makes money? Not me, not you, but them.
Retail investors often:
Bet everything when bullish, cash out when bearish, don't dare to chase when it rises, and don't dare to buy when it falls.
Result: Buying high and selling low, a perfect contrarian indicator.
My perspective:
Whether Galaxy sells or not, it's not up to me to decide,
But what I can decide is: pay less attention to panic news, and more attention to on-chain data!
📌 If you also want to know the specific time, quantity, and on-chain address of Galaxy's sell-off,
Give a like, and I'll compile a Galaxy BTC sell-off tracking chart and send it to you!
Do you think this is a normal operation, or a signal of the end of the bull market?
Feel free to leave a comment for discussion!