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Willy Woo: The slow rise of Bitcoin in this cycle is due to the selling pressure from ancient Whales, and the market needs to digest the chips with ten thousand times the profit.
Encryption analyst Willy Woo pointed out that the slow rise of Bitcoin is due to ancient Whales holding a large supply, and their selling requires the market to inject huge amounts of new capital, making it more difficult for the price to rise. This phenomenon is seen as the growing pains in the process of Bitcoin's growth.