Is the largest Bitcoin bull starting to consider selling coins?

What the market truly worries about is this point

Many people think that the biggest impact of Saylor selling coins is:
Selling pressure.
Actually, it's not.
What the market truly worries about is:
A turning point in sentiment.
Because over the past few years, Saylor has always been a "buy and never sell" spiritual icon in the crypto world.
Others look at candlestick charts.
He looks at faith.
Now, suddenly there are reports that:
He might sell some BTC to pay dividends.
The entire market begins to develop a subtle sentiment:
"Even he is starting to loosen up?"
But actually, upon closer thought, it's not that exaggerated.
Because companies and individuals are different.
Individuals can HODL forever.
Companies must consider:
Financial structure.
Shareholder returns.
Cash flow stability.
Especially now, MicroStrategy has become highly BTC-centric.
Its stock price, debt, and financing are all deeply tied to BTC.
In this situation, selling a moderate amount of BTC is actually more like:
Financial management.
Rather than a collapse of faith.
But why does the market react so strongly?
Because the crypto world fundamentally relies heavily on narratives.
And "Saylor never sells" has been one of the biggest narratives over the past few years.
Now that this story shows cracks, emotions naturally fluctuate.
Especially since market liquidity isn't as loose as before.
Any news that a "super bull might sell coins" will be amplified infinitely.
But in the long run, this may not be a bad thing.
Because a truly mature market shouldn't be built on:
"Never selling" extreme logic.
Healthy assets require:
Freedom to buy and sell.
Stable liquidity.
Institutionalized operation.
#BTC回调