Someone just sold MILLIONS in crypto... Flase Flag incoming?
(media.greatawakening.win)
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$400 BILLION of various crypto liquidated in 2 hrs
It could be China trying to keep feeding the Evergrande ponzi machine for a little while longer... holding out hope for that Great Reset to save their bacon.
The last time we saw this massive sell-off and a "crash" was back when their November payments were due.
Plausible. China's had the monopoly on ASIC miners for years with companies like bitmain. They have to have a large cache of multiple cryptocurrencies.
If China is the major holder of crypto and is selling this artificial and completely non-real resource to cover other debt obligations, anyone buying it up and holding it is going to be left with a giant bag of dogshit in their hands.
And wrapped in catshit...CDOs come to mind...
Awesome. Buy the Dip!