Arcane Research: Since May 12, large institutions have sold over 236,000 bitcoins
On July 22, Arcane Research analyst Vetle Lunde posted on social media that since May 12, Large institutions (Terra Foundation, Miners, Tesla, etc.) have sold up to 236,237 BTCS (currently worth about $5.411 billion), mainly due to forced sales, mainly due to the collapse of Terra Ecology.