Did Anzi get trapped at the top by semiconductor stocks?
Tokens associated with Anzi started being sold off in small batches as early as a week ago—Tm—and they were still dumping over the weekend.
Given when Anzi got into US stocks, it’s quite possible they got trapped at the top by US semiconductor stocks.
At the time, I called it a genius move: opening a US stock market position at the very top…
After weeks of steadily falling, they were still drifting down over the weekend. We can pretty much rule out foreign institutions doing the dumping, so something must have gone wrong in the Chinese-speaking crypto circle.
My guess is they got badly trapped in US stocks. The $6 billion stolen earlier probably wouldn’t have left such a huge funding gap.
$ASTER $BTC
Tokens associated with Anzi started being sold off in small batches as early as a week ago—Tm—and they were still dumping over the weekend.
Given when Anzi got into US stocks, it’s quite possible they got trapped at the top by US semiconductor stocks.
At the time, I called it a genius move: opening a US stock market position at the very top…
After weeks of steadily falling, they were still drifting down over the weekend. We can pretty much rule out foreign institutions doing the dumping, so something must have gone wrong in the Chinese-speaking crypto circle.
My guess is they got badly trapped in US stocks. The $6 billion stolen earlier probably wouldn’t have left such a huge funding gap.
$ASTER $BTC