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The reasons for the recent sharp decline in the crypto market
This month, three super BTC whales have been affected
Holding a total of about 2% of the total Bitcoin supply:
Qian Zhiming: 210,000 coins, approximately 19 billion USD( accounting for 1%)
Prince Group Chen Zhi: 127,000 coins, approximately 10.874 billion USD
KK Park She Zhi Jiang: 100,000 coins, approximately 9 billion USD
It's not that they are dumping, but many institutions and retail investors
are rushing to sell before they do...
This also explains why some altcoins
don't have as much FUD in the second half as Bitcoin does
#BTC