It is reported that the exchanges returned 3000 $BTC to the German government due to the inability to sell this amount in one range. What does this tell us?

After large sales of miners in May-June, there are not many large buyers left.

❗️The price is already reduced by 25% from 74k$ for #bitcoin

No one notices that he lost $20,000 from his high.

At the same time, many bloggers say that the correction has not even begun yet ;)

And hamsters do not buy such a volume at the market price.

Most likely, the German government will agree to a lower price, split it up and look for different third-party investors. Therefore, a further drawdown cannot be ruled out; buyers will be cautious with purchases, knowing that Germany will sell again at any moment.

#binance #etf #Germany #Ethereum