#BTC走势预测
Even though it has been smashed to such an extent, the unethical German government and Mentougou are still transferring large amounts of BTC to recharge CEX, creating a tense atmosphere. This situation is thought-provoking. If CEX does not unite to establish an abnormal fund monitoring mechanism, it will be difficult for the currency circle to develop in a healthy way. There will always be people who use almost free Bitcoin to cash out and suck blood, killing the bull market.
In fact, the German government and Mentougou do not have the most Bitcoins, which add up to less than 200,000. Let's take a look at the top 9 Bitcoin spot ETFs, which currently hold more than 860,000 Bitcoins. Why don't ETFs smash the market? Because they spend real money to build positions! There are also fund management fees, etc., which have costs. They will only sell when they make money, but the German government's confiscated Bitcoin has no cost. Selling it for 100 yuan is free, so they will let it go and dump the market. This violates the basic rules of the financial market, just like allowing original shareholders to sell at will in the stock market to cash out! That would be a disaster. Mentougou was also forced to lock up its positions because of a criminal incident. Compared with now, it has almost no cost, so the market is worried that customers will close their eyes and dump the market after receiving it, causing panic.