Phyrex
Phyrex|Jul 25, 2025 21:27
The biggest thing today should be the sale of the ancient giant whale. This time, it was a real sale, and even some of it was sold through the exchange, which led to a periodic decline in BTC price, with the lowest reaching around $114600. Within nearly 24 hours, Galaxy Digital has completed the sale of more than 80000 Bitcoin worth over $9 billion for this investor from the Satoshi era. Although Trump's speech led to the price drop, I felt that the two people had made a lot of reconciliation when I met with Trump this time. Trump thought that he had reached some consensus with Powell, and it was rare that he did not continue to scold Powell, and the progress on tariffs was also good. At present, except Canada and China, there is still no complete agreement, and the EU negotiations are progressing well. So overall, it hasn't changed the current market environment, and the US stock market has also seen a slight increase before and after today's trading session. Overall, I don't see any systemic risks at the moment, and I have already started to go long this morning. As of now, the price has risen above $117000. Returning to the data of Bitcoin, investors did experience some panic today, with a significant increase in turnover rates. Investors with holding costs of over $100000 were the hardest hit, while those with holding costs exceeding $110000 were the main force in reducing their holdings. Although there were some fluctuations among earlier investors, the impact was not significant. It is worth noting that there are two gaps in URPD that have been mentioned before. One is at $112000 and has not yet been filled, but the other gap of $114000 has already been filled. It has been mentioned before that the URPD gap has never been filled in history, it is just a matter of time, but the CME gap has not been filled yet. There have been no issues with the support level, and currently both supports are relatively stable. Tomorrow is the weekend, and the price rebound will help stabilize investor sentiment during the liquidity period. Data address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing This article is sponsored by Bitget | @ Bitgetzh
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