Now I just noticed that bull markets are always accompanied by large sell-offs from Grayscale as a signal😂
At the beginning of 2024, Grayscale still held 610,000 BTC
Now it's 2025, and only 180,000 BTC are left after selling,
Want to understand why the more BTC in the market, the higher the price goes,
The more concentrated it is in institutions' hands, the more it falls?