<div><h3>Topic Overview</h3><p> In mid-July, Galaxy Digital assisted an investor in the Satoshi era to sell more than 80,000 BTC (market value of over $9 billion). These BTC continued to flow into exchanges, causing market panic and causing BTC prices to fluctuate sharply in the short term. The sell-off has now been completed and market sentiment has stabilized.</p><h3> Drive logic</h3><p> This large-scale BTC sell-off was executed by Galaxy Digital, which was a concentrated cashing out of historical old coins. It created huge selling pressure in the short term. On-chain data showed that the main selling orders had been digested by the market and the new selling pressure had significantly weakened.</p><h3> Strategic Recommendations</h3><p> It is not suitable for high-risk short-term traders to chase shorts at present. Short-term investors are advised to wait and see and wait for the market to confirm stabilization. Medium- and long-term holders can increase their positions in batches, because the large-scale selling pressure has ended, BTC is expected to resume its upward trend, the main funds are still focused on BTC, and there is no obvious sign of sector rotation.</p><p style="margin-top: 20px; text-align: center; opacity: 0.4;"><small>AI-generated summary, not investment advice</small></p></div>