[Analyst: Bitcoin whales sell off holdings, MSTR buys to ease pressure, market sentiment remains fragile] Odaily Planet Daily News – Crypto analyst Murphy posted on the X platform to review the market dynamics of the past week, showing abnormal Bitcoin fund flows: On March 11 and 13, when BTC rebounded to $70,000–$71,000, a group of whale addresses (each holding over 1,000 BTC) sold 24,867 BTC and 17,818 BTC, respectively. The chips sold on March 11 incurred an average loss of 50% compared to their cost basis, while those sold on March 13 had losses of less than 10%. Analysis indicates that these holdings originated from low-price purchases in May–July 2025 and early April, with some exiting due to severe losses and others rotating out after precise bottom-buying. Strategy purchased 22,337 BTC again on March 17, absorbing most of the excess supply. Nevertheless, this event reflects that market sentiment remains extremely fragile, with patience wearing thin among investors holding BTC for nearly a year. Future price rebounds may still trigger pressure from loss-incurring holdings.