BREAKING: China said “no crypto,” then turned around and started liquidating bags like a degen under pressure. Seized crypto is now being sold through private firms, quietly topping up local government treasuries — all while the official stance still screams “Crypto trading is illegal.”
So what’s really going on?
They’re playing the game without playing the game. Keeping the surface clean while moving in silence behind closed doors. It’s like they banned the casino… then snuck into the VIP room to cash out the chips. Classic shadow play.
And here’s the wild part — these off-the-record liquidations?
They front-ran the tariff news dump. While everyone else was preparing for macro chaos, Chinese wallets were already pressing sell. Charts didn’t lie. Whale wallets moved, sell pressure spiked, then boom — headlines about tariffs hit. But by then, the dump had already done its damage.
It’s giving:
“Controlled chaos.” Silent exit. Exit liquidity activated.
Crypto isn’t dead. It’s just being used.
Used by governments who publicly shame it while privately flipping bags to survive. They’re not here for the tech, the vision, or the memes — just the liquidity. Meanwhile, retail’s still debating halving cycles and watching influencers tweet charts.
So next time the price action looks weird and the vibes are off?
Check behind the curtain. You might just catch a government selling the top.
Stay sharp. Stay cynical.
Because when they say “crypto is banned” —
That’s probably when they’re BUYING.