Mentougou address starts to change
5 minutes ago, Mt. Gox transferred 47.229K BTC (2.84 billion USD) to "18v" wallet
A new round of decline is about to begin, how should we deal with it:
1. This is not panic
Repeatedly mentioning Mentougou does not mean that we are always panicking. It is that the current market is really fragile.
For example, just now: Mentougou only transferred 0.02 BTC, and BTC fell below 6.4w.
And Germany sold 50,000 BTC, which caused BTC to fall by 10,000 dollars.
So it's the same sentence: there may be countless reasons for the rise, but only one is needed for the fall.
At present, there are 130,000 BTC in the Mentougou address, worth 8.88 billion.
This is the monitoring of the Mentougou address:
https://platform.arkhamintelligence.com/explorer/entity/mt-gox
2. How to deal with it
Under the current circumstances, it is necessary to appropriately reduce positions and avoid risks, reducing positions to 30% to reduce the chain reaction caused by Mentougou.
