📢Blockchain News Flash! Odaily Planet Daily reported that Bitcoin's recent plunge has sparked heated discussions in the market, with some observers believing that selling pressure from Bitcoin mining operators, Mt.Gox refunds, and German government selling are the main reasons. 🤔However, Greg Cipolaro, head of research at NYDIG, pointed out in the report that these claims may be exaggerated.

Cipolaro believes that while emotional and psychological factors may play a leading role in the short term, the impact of potential selling on prices may be exaggerated. He said rational investors may find this an interesting opportunity created by irrational fear. 🧐

In addition, Cipolaro also refuted reports that miners have significantly reduced their Bitcoin reserves after this year's halving event, saying that these reports are not only exaggerated, but in some cases completely inaccurate. NYDIG data shows that listed mining companies actually increased their Bitcoin holdings in June. Although BTC sales rebounded slightly last month, it is still far below the levels earlier this year and last year. 💪

In general, although the recent volatility of Bitcoin has caused various speculations, we remain optimistic about the long-term prospects of Bitcoin! 🚀🚀