🐳 BTC witnesses negative cash flow again...
- MT. Gox has made a move to transfer money again, there is still $5.3B left so I'm quite worried.
- Next to Greyscale, CP Meo, Genesis also have the ability to sell assets to pay debt
- End of German CP and then a series of FUD like this. BTC just touched 70k and immediately fell close to 65,000
- Spot volume in the period of 68-70,000 is almost non-existent.
- ETH also saw negative cash flow in the first week of launch, currently BTC price dropped more than 4000 but ETH still maintained a very good price above 3,300... specifically not falling.
🔥Except for ETH, the remaining Altcoins have not recovered much, BTC fell, Altcoins are in the most pain. However, I still cashout a lot. Wait for BTC to return to 64,600 then see if there are signs of a reversal then buy up.