An incident involving the leak of 678,000 tax records in France is merely a cybersecurity scare, or is it the next liquidity-hunting trap set by whales?
More than 26,000 individuals earning over EUR 100,000 have had their financial data exposed, raising the risk of scams directly targeting crypto investors. In response to the news, the price
$BTC has only pulled back slightly to the 62,877.3 USD level (down 0.83% over 24h).
From the perspective of their capital flow, big institutions really like to take advantage of FUD like this. When retail traders panic, whales can seize the opportunity to push down the price
$BTC to sweep liquidity from leveraged positions before a new trend is formed.
Brothers, don’t rush to guess the top or bottom, and don’t misuse leverage at this moment. The most important thing is to re-check the security of your assets and follow risk management principles (DYOR).
In your opinion, is this consolidation phase of
$BTC a forced price drop to accumulate orders, or the start of a real sell-off? Let’s discuss with me below! 👇
#BaoMat #BTC #Bitcoin #BinanceSquare