50,000, 200,000, 140,000... When will the "sledgehammer" on Bitcoin fall?

Do you know? The German government holds more than 50,000 Bitcoins, like a time bomb, and it is unknown when it will hit the market! The US government is even more exaggerated. It is said that there are more than 200,000 BTC, which are moved there every day and slowly shipped.

What about China? There are also many, more than 100,000 Bitcoins! North Korea is also an unknown number. I don’t know if they are also shipping.

The most headache is that Mentougou came out again at this time to call for debt repayment, and still held more than 140,000 Bitcoins in its hands

! These big players are shipping like this every day. How can Bitcoin rise? How much money do you have to go in to take over for them?

In this bull market, it is really difficult to expect Bitcoin to lead the rise! With these "sledgehammers" hanging over the market, who dares to increase their positions?

Who is not afraid of being cut?

Some people say that if Bitcoin does not rise and keeps falling, then this bull market will be over.

But I say, maybe there is still a chance! Maybe this is an ETF bull market.

Institutions bring everyone in, are they just to be harvested and leave?

That's not easy to explain to customers!

You see, the Bitcoin spot ETF in the United States alone has a net inflow of more than 10 billion US dollars! Hong Kong's daily trading volume is also close to 100 million Hong Kong dollars!

Everyone is here to make money, not to be harvested! Such a huge influx of funds should theoretically bring about a bull market!

But now the Bitcoin bull market can't be pulled up!

The hundreds of thousands of BTC seized by several governments through fines and other channels and the more than 140,000 BTC that Mentougou has to smash to pay off its debts are enough to make the market indigestion!

There is such a huge uncertainty hanging over your head.

You bought in hundreds of millions of dollars, and all of them were exchanged by these old rich people with almost no-cost Bitcoin in their hands!

And they have withdrawn their money and left the crypto market, which is simply sucking the liquidity of the crypto market.

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