Ledger: No signs of tampering found in devices held in Germany; no reports of financial losses in Europe so far.
Institutional moves are commonly interpreted in three ways:
① Long-term allocation: positions are built over the course of a year, with little attention paid to intraday fluctuations;
② Rebalancing: positions are adjusted, which doesn’t necessarily indicate a bullish outlook;
③ Arbitrage: short-term trades that can be opened and closed quickly.
This move doesn’t necessarily signal a bearish outlook; it may simply be the second type. We’ll need to see whether similar moves continue.
$BTC latest: 81860.01, 24h -1.82%. Stay up to date with the news, but keep a cool head when making trading decisions.