- Since the Bitcoin Spot ETF was approved, large entities holding over $500M $BTC have accounted for more than 80% of the circulating supply of $BTC. So there is no reason for $BTC to "shake the tree", shake off stocks or dump deeply to test the bottom like many conspiracy theories. The game has sped up with the entry of Wall Street.
- Social media constantly posts "signs of $BTC distribution by whales", but the rate of $BTC accumulation by super whales from November 2023 until now is unprecedented since crypto born. They are in a hurry for something.