๐€๐ซ๐ž ๐–๐ก๐š๐ฅ๐ž๐ฌ ๐„๐ฑ๐ข๐ญ๐ข๐ง๐  ๐“๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ? ๐Ÿšจ๐Ÿšจ

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After the spot #BitcoinETF approval, #BTCย  has experienced a nearly ๐Ÿ๐ŸŽ% correction, primarily due to #GBTC selling its holding.

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๐ต๐‘ข๐‘ก ๐‘กโ„Ž๐‘’๐‘Ÿ๐‘’ ๐‘Ž๐‘Ÿ๐‘’ ๐‘œ๐‘กโ„Ž๐‘’๐‘Ÿ ๐‘ ๐‘ก๐‘Ž๐‘ก๐‘  ๐‘ก๐‘œ๐‘œ, which show that whales are taking some profit or redistributing their holdings.

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๐—ช๐—ฎ๐—น๐—น๐—ฒ๐˜๐˜€ ๐—ช๐—ถ๐˜๐—ต $๐Ÿญ๐Ÿฌ๐Ÿฌ๐—ธ-$๐Ÿญ๐Ÿฌ๐—  ๐—จ๐—ฆ๐——๐—–:

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โฉ This cohort holding has seen a ๐Ÿ‘% drawdown over the past 6 ๐‘š๐‘œ๐‘›๐‘กโ„Ž๐‘ .

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๐–๐š๐ฅ๐ฅ๐ž๐ญ๐ฌ ๐–๐ข๐ญ๐ก $๐Ÿ๐ŸŽ๐ŸŽ๐ค-$๐Ÿ๐ŸŽ๐Œ ๐”๐’๐ƒ๐“:

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โฉ This cohort's holdings have gone down by ๐Ÿ’% since August.

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๐–๐š๐ฅ๐ฅ๐ž๐ญ๐ฌ ๐–๐ข๐ญ๐ก ๐Ÿ๐ŸŽ-๐Ÿ๐ŸŽ๐ค ๐๐“๐‚:

โฉ They currently hold their ๐‘™๐‘œ๐‘ค๐‘’๐‘ ๐‘ก ๐‘Ž๐‘š๐‘œ๐‘ข๐‘›๐‘ก since ๐ฝ๐‘ข๐‘›๐‘’ 2023, which indicates selling or distribution.