$BTC

The post China Secretly Selling Bitcoin? Analyst Warns Bitcoin Price Crash to $40K appeared first on Coinpedia Fintech News

China is the second-largest holder of Bitcoin, after the United States. It holds no fewer than 194,000 BTC tokens. Unlike the US, China does not have a clear policy on how to handle its Bitcoin reserve.

A shocking claim from crypto analyst Leviathan suggests that China may be quietly selling its massive BTC reserves. He even warns that this shadow liquidation strategy could drive Bitcoin prices down to $40K. Unbelievable