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China Secretly Selling Bitcoin? Analyst Warns of Price Crash to $40K Coinpedia | 21h ago A recent analysis has stirred up serious concern in the crypto world: China could be quietly offloading its massive Bitcoin reserves, potentially triggering a price crash to $40,000. China Holds One of the Largest BTC Reserves Currently, China holds an estimated 194,000 BTC, making it the second-largest holder after the United States, which has over 207,000 BTC. However, unlike the U.S., China lacks a formal policy on how to manage these assets—most of which were seized from criminal activity such as scams, money laundering, and illegal gambling. Analyst Claims Secret Sell-Off Strategy in Play Crypto analyst Leviathan has raised alarms, claiming that China is covertly selling Bitcoin through overseas exchanges. In a bold post on social media, he warned that China has already liquidated $400 million worth of BTC and may be just getting started. If the sell-off continues, he believes it could drag Bitcoin prices down to $40K. #china $BTC $BTC
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Bitcoin Price Could Plunge to $40K Amid Rumors of Secret Sell-Off by China Coinpedia | 21h ago A recent warning from crypto analyst Leviathan has stirred concern in the digital asset community: Bitcoin could crash to $40,000, and China might be the reason behind it. Currently the second-largest holder of Bitcoin—trailing only the United States—China reportedly controls around 194,000 BTC. However, unlike the U.S., China has not established a transparent policy for managing its crypto reserves. Leviathan suggests that Beijing could be quietly offloading its holdings through a covert “shadow liquidation” strategy. If true, this behind-the-scenes selling pressure could heavily impact the market, triggering a steep price drop. It’s important to note that China’s Bitcoin holdings largely stem from seized assets in criminal investigations, not from direct investment. Despite being an economic powerhouse, China maintains a strict anti-crypto stance, with trading banned on the mainland. Is China really selling off its Bitcoin stash? The market may find out soon enough.$BTC
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