Mentougou will pay 120,000 BTC, of which 90,000 will go directly to retail investors, at a cost of about $4,500-5,500 per coin.
[Large transfers]
MIGOX has made a big move recently, first trying a small transfer of 0.021 BTC, and then quickly transferring 47.229K BTC worth $2.99 billion.
[Payment process]
Mentougou will not pay directly to creditors, but will distribute through cooperative platforms, which will take 2-3 months to complete. The market is affected by emotions in the short term.
[Market strategy]
It is expected that there will be selling in the future. Investors are advised to be cautious, set stop losses, and wait for a clear turning point. If the balance of Mentougou decreases or the payment is delayed, it may be a signal of rising market.
