#Circle上市 An increase in funds, from Tether, yes, the Tether company of USDT, in addition to the 1 billion USDT issued a couple of days ago, also directly purchased 8888 bitcoins worth 737 million US dollars yesterday, a number that is quite superstitious. And the day before yesterday, MicroStrategy purchased 22048 bitcoins for about 1.92 billion US dollars, with an average price of 86969 dollars. Therefore, this surge is not entirely aimed at liquidating short positions; rather, the current price is in a low accumulation phase.

Who is selling? Ancient whales are selling, and short-term holders are selling. One is cashing out and the other is in panic; otherwise, why would the market's fear and greed index drop below 30 into severe fear?