And the sad part... He's still selling and prolly has a couple of billion USD worth more to sell. But I guess if he's done BTC will be back trending up again.
As far as I know, the whale is still holding more than 49KBTC, equivalent to 5 billion dollars, and this is still quite a lot of pressure.
In addition, we have more important macro news to pay attention to this month. Not only the crypto market, but the entire financial market is very interested in, it is CPI and the announcement of the Fed's interest rate decision. I think these are the factors that will determine the trend of bitcoin and the market this month.
According to cmegroup, 89% predict the Fed will lower interest rates this September, so I am optimistic and believe that this month will be better than August.