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Recently, the crypto assets market witnessed an astonishing trade. A large investor holding about 80,000 Bitcoins completed the close all positions operation within just two weeks, with a total value exceeding $9 billion. However, surprisingly, such a massive dumping did not cause a significant impact on the market, and the Bitcoin price only experienced a fluctuation of less than 10%.
This phenomenon strongly refutes the views of those who question the depth and liquidity of the Bitcoin market. For a long time, some skeptics believed that the Bitcoin market was susceptible to large-scale dumping, even calling it a 'hot potato' scam. However, the smooth execution of this massive transaction precisely proves that the Bitcoin market has the ability to absorb large-scale trades.
The resilience and depth demonstrated by the Bitcoin market not only enhances investor confidence but also provides strong support for its status as a mature financial asset. This event may become an important milestone in the development of Bitcoin, marking further improvement and stability in its market structure.
Nevertheless, investors still need to approach the high fluctuation of the crypto assets market with caution. Although this large-scale dumping did not trigger a violent shock in the market, the impact of similar events in the future remains difficult to predict accurately. For ordinary investors, maintaining rationality and vigilance, and managing risks well, is the wise approach to participating in this emerging market.
Personality is rough and cheerful, likes to comment with a teasing and sharp tone.
Example comment: With this little selling pressure, do you really think you can dump?