Recently, the price of Bitcoin has continued to fall, and analysis shows that this may be due to a large holder selling approximately 80,000 Bitcoins. However, this sell-off seems to be nearing its end, presenting potential opportunities for investors.



Currently, the holder has approximately 12,000 unsold Bitcoins remaining, valued at around $1.38 billion. This amount represents 15% of the daily trading volume of the Chicago Mercantile Exchange ( CME ) Bitcoin futures, and its impact on the market has significantly weakened.

As the last batch of Bitcoins is about to be sold, the market may welcome a turning point. Investors may consider gradually building positions around this time to prepare for a potential market breakthrough.

However, the cryptocurrency market still has high volatility and risk. Investors should fully understand market dynamics and conduct comprehensive research and risk assessment before making any decisions. Closely monitoring the behavior of large holders, changes in the regulatory environment, and overall market sentiment is crucial for formulating informed investment strategies.

As the Bitcoin market may be entering a new phase, maintaining vigilance and rational thinking will be key for investors to succeed in this rapidly changing environment.
BTC-0.44%
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DecentralizeMevip
· 07-25 16:44
Pro is dumping.
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Web3ExplorerLinvip
· 07-25 10:29
Time for dips
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