🚨 Over $10 billion in the past period .. $BTC

If we assume the accuracy of the numbers and that ETFs and institutions sold large amounts of Bitcoin between 82K and 59K, the simple technical answer is:
There is no single party that bought all these amounts..
Liquidity came from several sources at the same time:
1. Other institutions building long-term positions.
2. Hedge funds executing different strategies.
3. Treasury companies buying for long-term holding.
4. Individual investors around the world.
5. Market makers providing liquidity and then redistributing it.
6. Traders closing short positions (Short Covering).
And more importantly..
When we say "they sold billions of dollars," it doesn't mean that one entity bought billions of dollars all at once.
The market consists of millions of matching orders over days and weeks of trading.
A point that many people overlook:
If everyone is convinced that Bitcoin is heading to 40K or 30K...
Then who was buying from them at 60K, 65K, and 70K?
There is always another party that sees value or opportunity at those prices.
Were these amounts a final distribution?
Or just a transfer of ownership from weaker hands to stronger hands?
This is where true analysis begins 📊🤍