In the morning, I talked with various institutions about the issue of Bitcoin whales selling off. For ancient whales, waiting to sell Bitcoin at 150,000 or selling all at 120,000 now, the profit is not much different.

Additionally, the German government at that time entrusted B2C2 as a market maker and sold continuously for about a month. Their demand was to profit as much as possible within an effective timeframe without affecting the market.

But today's large sell-off whales are different.

What they may want to do now is simply exit the market.

However, the advantage is that the liquidity in the Bitcoin market at this time is completely different from when the German government sold. In just 2 hours, 19,000 Bitcoins were sold off so quickly... It seems that the willingness of over-the-counter buyers is very strong. $BTC