🧐 Is the new Chinese government going to dump prices with massive crypto sales?

Hundreds of wallets that have been inactive for 3.3 years have started transferring 789,533 ETH ($2 billion). Analysts have linked these coins to the Plus Token financial pyramid.

The coins were seized by the Chinese government during an operation to shut down the pyramid. At that time, 194,775 BTC ($11.2 billion), 833,083 ($2.11 billion) and other crypto were seized.

ETH was distributed among thousands of wallets in 2020 and has not been moved since April 2021.

A new black swan?🙄