The reason why the market started to fall after the release of CPI data last night
1. Iran's banking system suffered a large-scale cyber attack, which led to a rise in risk aversion in the market. |
2. A large amount of BTC was transferred from the Mentougou wallet address recently, and about 33,100 BTC (about 1.97 billion US dollars) flowed out of the market, exacerbating the selling pressure.
3. Yesterday, the US government transferred 10,000 BTC (about 591 million US dollars) to Coinbase Prime, exacerbating the selling pressure
