The market storm is coming again! A wave of selling of 2.5 billion bitcoins is coming, and Coinbase is welcoming another 600 million transfer orders. There is a mystery behind it...
Recently, there have been frequent big moves in the market: the Mentougou area is about to sell up to 2.5 billion bitcoins, and the United States has quietly transferred 600 million bitcoins to Coinbase, suspected of preparing to sell. Although some people interpret this as a "custodial move", these bitcoins have been lying in the wallet safely for ten years. Why do they need to be transferred now? What's even more bizarre is that this kind of large-scale transfer is not the first time!
Coupled with the selling wave in Germany and Mentougou, the currency circle is facing unprecedented pressure. However, there is one thing that is thought-provoking: if "Old Chuan" Trump can return to politics, all this may be reversed. He once said that Bitcoin can be used as a strategic reserve asset for the United States. If this promise is fulfilled, the currency circle may usher in another major market driving force after ETFs and lead the next round of bull market.
Investors, be sure to pay close attention to the debate between the two factions to be held in October. The previous debate caused a 30% surge in the market. In view of this, we suggest that you make arrangements in advance in September to seize the opportunity and welcome the possible market frenzy!
