Of the 120,000 BTC that Mentougou will pay, about 90,000 will go directly to retail creditors, and their cost price (including 86% of the stolen coins) is about $4,500 to $5,500 per coin; MIGOX initiated a large transfer, tested the transfer 2 hours ago, and transferred 0.021 BTC to an unknown wallet. 27 minutes ago, 47.229K bitcoins were transferred, worth $2.99 ​​billion. Mentougou did not pay the coins directly to creditors, but first gave them to the cooperative debt compensation platform, which then gradually distributed them to creditors. This process will take 2-3 months, which is a long process. Therefore, the short-term impact on the market is only sentiment, but in the long run, there should be continuous selling in the future. Stop the long fantasy first, set a stop loss, and don't carry the order. At present, a process of digesting the selling is needed. Waiting for a clearer turning point, such as a reduction in the balance of the Mentougou address and a delay in the compensation cycle, may promote the rise of the market. Wait for the small cycle to stabilize before rushing again.