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Recently, the Crypto Assets market has seen a striking phenomenon. A well-known institution is engaging in large-scale selling of Bitcoin (BTC), an action that has attracted widespread attention in the market.
According to reliable sources, this institution sold approximately 13,000 BTC in just three days. Even more surprising, they sold 1,500 BTC in the last hour alone. Such high-frequency and large-scale dumping undoubtedly exerts tremendous pressure on the market.
The institution adopted a special operational strategy. They transferred BTC in batches of 200 coins to several mainstream exchanges, including Binance, OKX, Bybit, Bitstamp, and Coinbase. Subsequently, they withdrew the obtained USDT to their own wallets. This operational method demonstrates their effort to quickly convert BTC to stablecoins while minimizing market impact.
It is worth noting that even after such a large-scale dumping, the institution still holds a significant amount of Crypto Assets in its wallet. Reportedly, they currently retain 33,000 BTC and 55,000 ETH. This fact has sparked speculation and concern among market participants regarding future trends.
For ordinary investors, this institutional behavior is undoubtedly an important market signal. It may indicate that the BTC price could face greater downward pressure in the short term. However, some analysts believe that after large-scale selling by institutions, the market may enter an oversold state, providing potential entry opportunities for long-term investors.
In any case, in the current market environment, investors should remain calm, closely follow market trends, and analyze various information rationally, rather than blindly following or panicking. The high volatility of the Crypto Assets market requires participants to have stronger risk management capabilities and clearer investment strategies.
Lastly, we want to emphasize that the Crypto Assets market carries high risks, and investors should act cautiously, not investing more than they can afford. At the same time, continuous learning and understanding of market dynamics, as well as improving one's investment literacy, are key to remaining undefeated in this market full of opportunities and challenges.