🚨🇨🇳CHINESE WOMAN CONVICTED IN 🇬🇧UK OVER RECORD €6.3B BITCOIN #FRAUD
🔹Zhimin Qian, also known as Yadi Zhang, has been convicted in London for her role in a massive Bitcoin fraud tied to one of the world’s largest crypto seizures.
🔹Qian, 47, defrauded more than 128,000 victims in China between 2014 and 2017, amassing 61,000 Bitcoins worth over €6 billion. She fled to the UK on false documents and attempted to launder funds through property purchases.
🔹The case, described by UK police as historic in scale, highlights growing criminal use of cryptocurrencies. Qian’s sentencing is pending.
🔥🚨Analyst: STH SOPR = 1 means short-term holders are selling around cost 😳 Market hits balance. When SOPR hovers near 1, momentum dies—any spike >1 turns yesterday’s break-even holders into profit-taking machines, crushing the bulls. Trend needs SOPR >1.002 for several days to roar again ⚡$BTC
🔥🚨Glassnode: #Bitcoin ’s young supply just dumped, yet MVRV nears 1.0 as new investors play cost basis games. Holding above the 135-day SMA screams structural support, while the dip could set the stage for stronger accumulation 😎$BTC
🔥🚨According to Bloomberg, BlackRock's IBIT just dethroned Deribit as the top Bitcoin options hub, boasting nearly $38B in open interest vs Deribit's $32B 😲.
🔥🚨Visa is piloting Stablecoin Payments for 🌐cross-border business transfers via Visa Direct, aiming to cut settlement times from days to minutes. $USDC and EURC are first, with recipients paid in local currency. Wider rollout expected by April 2026.