[Analysts say the overnight BTC drop may be related to concentrated selling during weekend liquidity issues] Odaily Planet Daily reports that Phyrex stated in an article on the X platform that the recent volume of BTC transferred to exchanges has not been abnormal, and there has been no significant backlog of net flow. He believes that the overnight BTC drop is more likely a cascading sell-off triggered by concentrated selling during weekend liquidity issues, rather than a large-scale organized sell-off or long-term/early-term investor unloading.