Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats. Tom Lee of Bitmine Immersion said recent bitcoin market anxiety, including Strategy’s small bitcoin sale, is typical behavior at a market bottom rather than a sign of deeper trouble. The sale of 32 bitcoin for about $2.5 million represented just 0.004% of his firm’s more than 843,700 BTC holdings, and Wall Street analysts largel…
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