Thursday's data got worse, which was expected. However, BlackRock investors are the biggest holders reducing their positions in the BTC spot ETF, even more than all the other institutions combined. This situation has occurred several times recently, indicating that traditional investors are still quite nervous. If the U.S. stock market can stabilize a bit today, next week should return to a state of slight liquidity. Sponsored by Bitget ｜ @Bitget_zh