🚀 Bitcoin Market Dynamics Update! Since the launch of the US Bitcoin Spot ETF, on-chain activity data has been remarkable: a total of 198,258 BTC were mined, Grayscale sold 366,700 BTC, and the German government also sold 50,000 BTC. However, 9 new ETFs made significant purchases of 826,792 BTC, and MicroStrategy increased its holdings by 197,550 BTC. Amidst market fluctuations, other related parties had a net sale of 409,384 BTC. What do you think about the impact of these data on the market? Feel free to share your thoughts in the comments! 📈