đ„đ„ăDezi is spinning the pancake around, is he playing with the trend? ă
Review of Dezi's actions yesterday
Time: 14:53 yesterday
Event: German government address transferred out 1,000 BTC
Market reaction: Bitstamp's big account subsequently sold 1.714 million USD of BTC at around 17:00, and the price fell by 4.54% in total
Time: 21:32 last night
Event: German government address transferred out 1,600 BTC again
Market chain: Coinbase's big account then sold 2.6639 million USD of BTC at the market price, and the BTC price fell further by 3.84%
New trends of Dezi today
Time: 15:37 today
Event: German government transferred in 1,692 BTC, worth about 96.8856 million USD
Time (note the time sequence adjustment): 15:34 today (earlier than the transfer)
Event: German government address transferred out a total of 2,700 BTC to multiple addresses, worth about 155 million USD
Market impact analysis
Market sentiment: These frequent transfers in and out have added more uncertainty to the market's bottoming path, and investors are generally panicking.
Potential risks: If Powell makes negative comments in the evening, it may become the fuse that triggers market panic, leading to accelerated capital withdrawal. Investors are on the sidelines and would rather miss opportunities than enter the market easily, so as to preserve their strength to cope with possible market fluctuations.