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Event ends: August 9, 16:00 UTC
More details: https://www
Last weekend, an early Bitcoin investor sold 80,000 BTC through Galaxy Digital's services.
It may be conducted through market sales and over-the-counter transactions.
This led to the price of Bitcoin dropping to 115,000 USD and then stabilizing at 119,000 USD.
This event indicates that even during weekends when trading volume is typically lighter, Bitcoin can absorb a significant amount of selling volume, thereby enhancing the structural robustness of the market.