10x Research: Most of the declines in BTC and ETH over the past month occurred during the Asian session, indicating that retail investors in the region may have been liquidated

According to BlockBeats, on July 7, 10x Research posted on social media that Bitcoin has fallen 20% in the past month, 13% of which occurred during the Asian trading session, indicating that many retail traders in Asia have been liquidated. Similarly, Ethereum has fallen 22%, 16% of which occurred during the Asian trading session, and 65% of the decline was caused by Asian trading.