$BTC 67% of people are going long, is it to pull up and give most people money? The logic doesn't make sense. Set a stop loss for going long at the highest.
Galaxy Digital facilitates $9 billion worth of Bitcoin transactions
According to PANews, Galaxy Digital facilitated a $9 billion Bitcoin transaction this weekend, totaling over 80,000 Bitcoins. This is one of the largest notional BTC transactions to date. Cryptocurrency analyst Scott Melker believes that many early whale investors have lost confidence and are selling at current market prices. This comment has sparked heated debate among cryptocurrency influencers and traders. Some point out that selling Bitcoin does not necessarily mean abandoning long-term holdings, as Adam Back, for example, continues to accumulate BTC. As Bitcoin is absorbed into traditional financial markets through ETFs, corporate funds, and custody solutions, the crypto community is concerned that Bitcoin is straying from its cypherpunk roots.
Shorting at this position $BTC is no different from betting on a slim chance of survival. The drop from 115 to 118 is the result after 80,000 large orders were sold off, indicating that market confidence is strong, and a breakout is just a matter of time.