Institutions don't want money for Bitcoin, is the daily high for Bitcoin 100,000?

1. News

1. Three Arrows Capital

They hold Sol and AIT's prices at 156 and 2465 respectively. During the past two days of Bitcoin and AIT rising, they sold half of their funds. Many large holders on the chain have once again re-entered Bitcoin and AIT, but the prices have not risen quickly recently, which suggests that we may be witnessing a false illusion of prosperity created by the market makers.

2. Sun's AIT

Sun holds about 1.2 billion US dollars worth of AIT, with an average price around 3100. Recently, he made a profit and transferred about 60 million US dollars to his exchange Huobi, with the highest floating loss exceeding 200 million US dollars. Now he has a profit of over 60 million, so for large holders with a lower cost than Sun, the profits are even more objective.

3. From the data perspective

Institutional large holders always give us a sense that large purchases will continue to drive price increases, but in reality, the price hasn't risen in the past two days, and instead, it has fallen today. So where is the money going? #内容挖矿 #你问我答 $DOGE $SOL