The market absorbed approximately 0.4% of the total supply of BTC within a few hours without triggering any cascading liquidations or chain collapses.
It seems that the structure and resilience of the crypto market have quietly undergone a tremendous change. As some netizens have said, this is almost sending a strong signal to the market, proving that BTC now has extremely deep, institutional-level liquidity. This greatly strengthens the market resilience and absorption capacity of BTC.
It’s worth noting that just a year ago, from late June to early July 2024, the German government liquidated approximately 50,000 BTC (49,858), with an average selling price of #以太坊十周年 at 57.9k, yielding a profit of about 2.88 billion $XRP $BTC