On Thursday, although the exact reason for the drop was unclear, it did trigger panic among investors. U.S. investors sold over 5,000 Bitcoins in a single day through BTC spot ETFs, marking the largest sale since August 1. BlackRock, Fidelity, and Grayscale, the 'Big Three,' were the biggest sellers. However, while 5,000 BTC exceeds normal levels, the impact on the spot market isn’t considered significant. Next, we’ll have to wait for sentiment to stabilize. For now, U.S. stocks have already returned to an upward trend, and it seems like the weekend sentiment shouldn’t be too bad. As long as there are no unexpected surprises, prices should stabilize a bit. This article is sponsored by Bitget ｜ @Bitget_zh