๐จ NEW: ๐จ๐ณ China Quietly Holds 194,000 BTC Despite Crypto Ban ๐ณ๐ง
Yup, you read that right โ even after banning crypto multiple times, China STILL holds 194,000 Bitcoin worth billions at todayโs prices. ๐คฏ
Hereโs the breakdown:
๐น In 2019โ2020, Chinese authorities seized massive amounts of BTC from PlusToken and other illegal platforms.
๐น Instead of selling, they kept the coins โ now worth over $5B today.
๐น Thatโs more BTC than most public companiesโฆ and even some countries ๐.
For a nation that "banned" crypto, China seems to be HODLing harder than anyone ๐ณ
Why this matters:
If China really believed crypto was worthless, wouldnโt they have dumped it years ago? Instead, they might be:
Hedging against the global economy ๐ฆ
Waiting for a regulatory shift ๐
Positioning BTC as a strategic asset for the future ๐
Either way, this is bullish. The loudest crypto critic is quietly stacking Bitcoin ๐คซ
๐ฌ What would you do if your government banned crypto but secretly held billions in BTC?
$BTC: 110,260.63 (+0.75%)
$SOL: 205.96 (+2.08%)