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BTC falls below $100,000: Who is quietly buying the dip in the panic?

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The market is filled with sorrow, and the fear index has fallen to 14, but this is just surface-level.

The interesting thing about on-chain data is this: long-term holders are indeed dumping (8.15 million coins hitting a new high for the year), but at the same time, larger whales are accumulating — institutions added 4.05 million coins worth $400 million over the past month; MicroStrategy continues to buy weekly, having purchased 1,442 coins last month; El Salvador hasn't stopped either, adding 1 coin every day.

Especially MicroStrategy, which currently holds 640,000 coins (67 billion USD) with a leverage of only 13%. What does this concept mean? They have money and are not in a hurry. Japan's Metaplanet is also observing and hasn't rushed to invest everything, looking like they are waiting for a better entry point.

Truth: This recent fall is not due to no one picking up the shares, but rather panic selling and institutional trading being exchanged. History tells us that the most dangerous moments are often the best opportunities. When retail investors are screaming, real capital is silent.

BTC-0.07%
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