But if we connect this to the recent $1.5 billion Bitcoin seizure incident, it’s normal for the price to dip a bit when some potential buyers see the store-of-value, security, and anonymity features of Bitcoin partially hit by FUD. Whales might even choose to temporarily observe, exit, or test short positions. This psychological trust shake-up directly reflects in the price. However, there’s still a layer of psychological defense for most people, which is the belief that the seized funds are black/gray income and unrelated to ordinary individuals. Even so, potential whale buy orders are still impacted. After all, Bitcoin is widely used in some less-than-transparent scenarios. If there’s no substantial positive recovery from the regulatory side or on-chain liquidity, we might actually see a deeper bottom structure forced out on the technical side. The Cambodian crypto scam group seizure of nearly 130,000 BTC could lead some people to “not dare to buy” or even flee. The seizure incident isn’t a price bearish factor—it’s a trust bearish factor. Against the backdrop of anonymity taking a major hit, Bitcoin’s performance seems relatively acceptable.