I'm not seeing that $9B hitting the orderbooks, meaning no sell pressure. If this tx is true then it'd be an OTC transaction between said whale and another big entity.
The long term impact is bullish, as it reflects a $9B of increased capital stored in the BTC network.

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Over the past six months, I've gone from being an observer of Web3 to entering the payment industry. Now, I've chosen to stop and cease working on Web3 payments.

This isn't a retreat after a failure, but rather a judgment and adjustment made after truly getting involved. In these past six months, I've traveled to Yiwu, Shuibei, Putian, and even Mexico, seeing how payments are actually implemented in the most prominent places mentioned in reports. I've also been involved, building a Web3 payment MVP, taking over accounts, developing Web3 payment tools, and trying to run my imagined path from the first step to the last.

But the further I went…

An entrepreneur's account: From beginning to end, why I stopped developing Web3 payments.

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Silver prices continued to rise to new record levels during the latest trading sessions, while Bitcoin lagged behind broader asset market gains. The divergence has drawn attention as metals, equities,...