US and Japan rate hikes didn’t trigger panic selling among bitcoin:native investors When the Fed and Japan announced rate hikes, I was closely monitoring Bitcoin data, especially to see if there were signs of panic selling. So far, whether it’s on the day of the meeting, the week of the rate hike, or even one or two weeks prior, there hasn’t been significant data showing large amounts of bitcoin:native being moved to exchanges. This data is pretty important because, even though DEXs are now very advanced, spot selling—aside from large institutions using OTC—is still mostly executed through exchanges. So, the data on transfers to exchanges can reveal whether investors, especially retail investors, are worried about rate hikes from the Fed and Japan. In reality, while there was a slight increase in transfer volume from Tuesday to Friday this week compared to the previous two weeks, it’s still at a relatively low level when looking at the past year’s data. This indicates that, although some investors may be concerned about rate hikes, the majority of holders aren’t overly worried. This is one of the reasons why Bitcoin’s price has remained relatively stable. @Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.