I took a look at $FIL 's recent chip structure.

Retail investors are basically selling, and their holding proportion is getting smaller.
Whales have absorbed the retail investors' sell-off volume and still control the market, with the chips becoming more concentrated.
Then I looked at Grayscale's operations. This coin has also trapped Grayscale. I remember Grayscale's initial cost was 90, and over the past few years, they have been continuously averaging down through additional purchases. Currently, the average price should be around 15. That means Grayscale's current FIL holdings are still down 90%. However, over the past 30 days, Grayscale only added to $BTC and FIL, while selling other coins. The storage sector currently only has projects like FIL and $AR that can be observed. Storage is also a key focus for future AI development. The stocks related to storage and AI have skyrocketed in the external stock markets, and everyone is watching to see when this trend will hit the crypto world.
#Gate广场创作者新春激励