Analyst: BTC's Early Morning Drop Likely Tied to Concentrated Selling During Thin Weekend Liquidity

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Odaily News: Phyrex posted on X that the amount of BTC transferred to exchanges has not shown any anomalies recently, nor has net flow piled up significantly. In his view, the early morning drop in BTC was more likely a cascading stampede triggered by concentrated selling during thin weekend liquidity, rather than large-scale organized selling or distribution by long-term or early investors.

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