Wu Blockchain (@WuBlockchain): Mark Moss: Widely Expected Big Drawdown Is Probably Not Gonna Happen

Mark Moss: Widely Expected Big Drawdown Is Probably Not Gonna Happen American entrepreneur and venture capitalist Mark Moss shared his insights on Bitcoin's market trends and volatility during an interview with Coin Stories host Natalie Brunel on October 14. He stated that a significant correction anticipated by most investors is unlikely to materialize, as Bitcoin's volatility has been substantially reduced following the launch of ETFs. Top global trading institutions have attempted to generate returns from Bitcoin through strategies like option rolling, but these efforts have underperformed since the start of the year. Meanwhile, the combined Bitcoin purchases by current ETFs and treasury companies amount to approximately 10 times the new supply, resulting in a pronounced supply-demand imbalance in the market. Moss noted that the unlocking of old positions can meet existing demand, and even the impact of the upcoming supply halving will be limited. Video Source: https://t.co/ivYS7yBShO