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BitMine Chairman Tom Lee stated that Strategy's recent small-scale sale of BTC and the continuous outflow from the US spot Bitcoin ETF are more like common behaviors at market bottoms rather than structural risks. Strategy sold 32 BTC this time, approximately 2.5 million USD, accounting for only about 0.004% of its holdings of over 843.7k BTC. The sale was mainly used to pay preferred stock dividends. The US spot Bitcoin ETF has experienced 11 consecutive days of outflows, totaling 3.4 billion USD, but fund withdrawals are usually a lagging signal of cycle resets, "people often sell at the bottom." (CoinDesk)