#资产分布 BTC This drop is really severe, it turns out to be caused by internal news. I was wondering why it suddenly collapsed like this, and it turns out someone knew the news in advance and ran away.
This news just came out, saying that the U.S. Department of Justice has obtained permission to sell the 6.5 billion USD worth of Bitcoin that they previously seized. Look at that, every time the market drops recently, it has been on U.S. trading days, clearly someone on Wall Street got the news and sold off early.
After analyzing and analyzing, it’s hard to find a direct reason for such a large drop in BTC. In a normal market, there should be some rebound, but instead, it just dropped straight down like this; it turns out it was a black swan event.