Every time good news comes, there will be a market crash. The ETF will be launched tonight, and Mentougou has just started the market crash.
Mentougou started testing last week and transferred out 0.021 bitcoins. This week, the transfer mode was turned on.
Today, Mentougou transferred out more than 52,000 bitcoins, worth more than 3.4 billion US dollars. It should be preparing to cash out and repay debts. Currently, it has 90,344 bitcoins left. The market needs one or two weeks to digest its selling.
