Grayscale's Bitcoin ETF has sold off until there are only 389,000 BTC left. From January 11 to now, in 2 months, it has sold a total of 229,300 BTC, accounting for 37% of the total holdings. Recently, every time Bitcoin has hit the market, It has its merits, but it is a pity that the 8 ETF institutions, giant whales and retail investors are too powerful and their willingness to buy is too strong. Every time they hit the market, they were countered. If it were the market in 2022 or 2023, more than 200,000 BTC would be sold. If you go out, it can really cause the market to plummet#BTC