Who is making money in this market? Where does the selling pressure come from?
It is said that the selling power of the market mainly comes from Germany, but there are only 10,000 coins here in total, and they are divided into half a month, mainly 6,500 coins sold on 619. According to Bitcoin 60,000, it is only 600 million US dollars.
In terms of emotions, the compensation incident in Mentougou is not a new thing. As early as two weeks ago, the market had fermented and the market had already priced it. There are signs of transfer recently, and the specific compensation has not been determined.
Finally, the number of BTC transferred by the US government. The recent transfer of 237 BTC has nothing to do with this sell-off.
So if the truth of the big drop in the market comes from these places, it can't cause such a drop. What's more, isn't this kind of liquidation settled through over-the-counter transactions? I can't understand why there are still unknown things affecting it?
