🔶 Bears are back? Germany has finished the market crash, and Mt. Gox is taking over the market crash
Just now, 44,500 bitcoins were transferred out of the Mentougou address at one time. What does this mean? Germany has been crashing the market for so long, and there are only more than 40,000 bitcoins in hand.
But 40,000 bitcoins are just an appetizer for Mentougou. According to the agreement, Mt. Gox needs to distribute 142,000 $BTC , 143,000 $BCH and 69 billion yen to creditors. Nearly 9 billion US dollars of selling pressure will be poured into our fragile crypto market.
The bull market that lasted for half a day is dead again? Mentougou, a big thunder that has been dragging on for 10 years, has always chosen the crypto market. Fortunately, after this big thunder exploded, there will be no greater negative news.
According to the current ETF market's capacity, it will take more than a month to digest, provided that the purchase speed of ETFs is not affected. Come on Bitcoin😭