Wu Says learned that CoinShares' latest market report suggests that on-chain data for Bitcoin shows that whale addresses holding over 100k BTC have largely stopped selling, and the main selling pressure formed in 2025 has mostly subsided.



CoinShares stated that internal market indicators support Bitcoin forming a cyclical bottom, but the Fed remains hawkish, Strategy-related supply, and geopolitical factors still constitute upward resistance, so the current situation is more like the early stages of bottoming rather than the start of a new uptrend.
BTC0.28%
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