This is the best thing to happen. We want the OG whales to sell. Much more healthy long term.
Despite massive ETF inflows and surging institutional demand, Bitcoin’s price remains stuck in a tight range.
According to CNBC, the buy pressure is being offset by mega whales (like early Chinese miners from 2013) who are aggressively selling from wallets holding 1K–10K BTC.
https://video.nostr.build/99060061d237a9c17d6eb6bc792df4897a2f332666cc151f490bd8d77e51fc74.mp4
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