Yesterday, the news of the giant whale holding 80,000 BTC shocked the entire cryptocurrency community, and many believe it will drop to 70k or 80k.

First of all, this is simply impossible; such a massive amount of BTC would not be sold on the market. It would mostly be through OTC (over-the-counter) transactions, which is different from the decline seen with Grayscale back in the day.

Secondly, such a huge amount of BTC would not be transferred to exchanges, as the whale also has trust issues. If it were frozen upon arrival, that would create even more problems. The method of sale would definitely be a gradual OTC process; otherwise, with such a large amount of BTC, selling at lower and lower prices is not something a wealthy person would do, as they are not foolish.

When combined with the on-chain data, it shows that the market is still in an upward structure, with stablecoins continuing to be minted and a large amount of BTC being withdrawn from the market.

Therefore, finding a dip to buy BTC is a very good choice. #比特币巨鲸动向