The bad news is over, short sellers should be careful
The German government, the US government and the Mt.Gox address transferred a total of 14,817.1 BTC in 16 days, equivalent to about 898 million US dollars. According to the on-chain analyst Yu Jin's monitoring, the recent BTC transfer data of the three major selling pressures (German government, US government, Mentougou) are as follows: 1. The German government address has transferred a total of 9,332.3 BTC (about 572.13 million US dollars) from June 19 to date, with an average transfer price of 61,306 US dollars; 2. The US government address transferred 3,940.2 BTC (about 241.22 million US dollars) on June 26, with an average transfer price of 61,219 US dollars; 3. The Mentougou (Mt.Gox) address transferred 1,544.6 BTC (about 84.87 million US dollars) on July 5, with an average transfer price of 54,944 US dollars. Summary: The three companies have transferred a total of 14,817.1 BTC (about 898.22 million US dollars) in the 16 days from June 19 to now, and the BTC price has also fallen by 14.3% in these 16 days (65,590 US dollars → 56,225 US dollars).
