• Chinese crypto investors are rushing to sell their digital assets.

• Investors in China are selling crypto to take advantage of rising equity prices.

• CSI 300 index notched its highest annualized 60-day volatility since 2016 last week.

According to Kaiko Research, Chinese crypto investors are selling their digital assets to take advantage of rising equity prices. The analysis platform reported on X that the Chinese stock market is experiencing its highest volatility in nearly a decade.

China’s stock market is experiencing its highest volatility in nearly a decade.

The $CSI 300 index notched its highest annualized 60-day volatility since 2016 last week. Bringing it close to levels more typically associated with $BTC pic.twitter.com/NtCmRgAXcc

— Kaiko (@KaikoData) October 17, 2024

Kaiko noted that the CSI 300 index reached its highest annualized 60-day volatility since 2016 last week, reaching levels comparable to Bitcoin. A comparison of BTC and the CSI shows their volatility values converging, with Bitcoin’s volatility declining as the CSI’s rises.

Meanwhile, a more detailed analysis by Kaiko reveals a concentration of trading volume during Asia-Pacifi…

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