The cryptocurrency world has been hit by gold coins again? Yesterday, the more than 7,000 ETH seized by the Chinese government in the PlusToken case were transferred on the chain for the first time since 2021 and have been transferred to the exchange. A total of 540,000 ETH (about 1.3 billion US dollars) were seized in this case.

It has to be said that the cryptocurrency world is indeed a good copy of the gold coins of various governments: 1️⃣ The US government detained CZ in April this year and was fined 4.3 billion US dollars 2️⃣ The German government sold about 2.6 billion euros of seized Bitcoin in June this year 3️⃣ The French government arrested Durov in August this year and has not been released yet.

Ordinary people take over, the big guys harvest, and the big guys are hit by gold coins again, a perfect closed loop. $ETH