Recently, according to statistics, from July 3 to now, more than 70,000 #BTC# have flowed out of exchanges, worth about $4 billion.
It is worth noting that in the context of the German government's continued selling and the market being in a panic, there are still large funds quietly buying the bottom.
This phenomenon may mean several things:
BTC prices may have bottomed out, and large institutional investors are seizing the opportunity to increase their holdings, expecting a rebound in the future.
These large investors may remain confident in the long-term value of BTC and are taking the opportunity to expand their investments.
Even in a market downturn, there are still funds looking for value investment opportunities and looking forward to the long-term development of BTC.
The quiet bottom-fishing behavior of large funds may indicate that the market is looking for signs of bottoming out. However, we still need to pay close attention to future market trends and policy changes to better judge the medium- and long-term trends of BTC. $BTC
