No wonder $BTC dumped so aggressively!
The media company owned by Trump has almost completely emptied its Bitcoin holdings, selling 99.99% and dumping more than 4,000 BTC onto the market.
The timing coincides with Democrats preparing to investigate his crypto assets. The key asset that once supported the “Trump trade”—the main player himself—is the first to make a run for it.
Add in a wave of fund deleveraging and negative AI regulatory news, and a pileup of bad news has sent the market crashing through support.
These are the company’s holdings, not Trump’s personal assets, but this news has dealt a major blow to the crypto narrative.
Whether all the selling pressure has been cleared in one go remains to be seen. If you often get caught chasing rallies and selling dips and have no clear direction, join the chat room for trading ideas.
#币安将恢复更多资产提现 $ETH
The media company owned by Trump has almost completely emptied its Bitcoin holdings, selling 99.99% and dumping more than 4,000 BTC onto the market.
The timing coincides with Democrats preparing to investigate his crypto assets. The key asset that once supported the “Trump trade”—the main player himself—is the first to make a run for it.
Add in a wave of fund deleveraging and negative AI regulatory news, and a pileup of bad news has sent the market crashing through support.
These are the company’s holdings, not Trump’s personal assets, but this news has dealt a major blow to the crypto narrative.
Whether all the selling pressure has been cleared in one go remains to be seen. If you often get caught chasing rallies and selling dips and have no clear direction, join the chat room for trading ideas.
#币安将恢复更多资产提现 $ETH
