Selling 179,000 Bitcoins during the economic recession; The mysterious seller of the market has been identified!
According to some estimates, there are still about 15,000 BTC left in the hands of local Chinese governmes, which increases the possibility of coinued selling pressure in the market.
In corast, ETFs, whales and institutional investors are still buying Bitcoin. For this reason, analysts believe that once this source of governme sales is reduced, the market will no longer be under pressure and Bitcoin can retrace its upward path.
This report shows that the cause of Bitcoin’s performance in 2025 is not a lack of demand, but rather a hidden and heavy supply of a particular resource that has caused consta fluctuations.
