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Matrixport: Most investors are still profitable, and the likelihood of a panic sell-off in the market is low

According to a report by Matrixport analyst Markus Thielen, the total market capitalization of the cryptocurrency market has increased from $1 trillion to $3.30 trillion in the past two years, and the average daily trading volume has climbed from $40 billion to nearly $400 billion. The report pointed out that with the bitcoin price remaining above $90,000, most investors are still profitable, and the possibility of panic selling in the market is low. It is worth noting that the downward trend in weekend trading volume indicates that institutional investors are gradually becoming the dominant force in the market, with trading activity mainly concentrated on weekdays.