🔹Over $1 TRILLION liquidity will be withdrawn.
This is not a joke anymore:
- No recognition of crypto as “money.”
- ALL crypto-related business is financial CRIME.
- Ban on foreign crypto services operating inside China.
If you hold any crypto, you MUST read this post now:
🔥Starting from tomorrow, China will BAN CRYPTO.
No spot trading.
No futures trading.
No funds or ETFs.
No crypto adoption anymore.
This was one of the biggest crypto markets. Around 30% of liquidity was coming from China and its traders.
💠NOW IT'S GONE.
And this is just the beginning...Now BIG MONEY, who was officially registered on the territory of China, will be forced to liquidate their crypto assets.
It's over $400 BILLION in different crypto assets:
- All positions will be forced to close.
- Funds and exchanges MUST liquidate their holdings in a few weeks. Otherwise, it will be threatened with financial crime.
- Stablecoins will be converted into fiat. This will withdraw a lot of liquidity back from the market.
🔴 THIS IS NOT GOOD AT ALL.
The worst thing is still coming.Shanghai leads all of Asia. The rest follows.
If they just started banning crypto, other countries may follow very soon...
And now trust is cracking.
While crypto is dumping, trust is going down, and people don't want to park their money in it.
I have been studying macro for over 10 years and called almost every major dump.
Follow me, and I will notify you before another dump starts.
Many people will regret not following me earlier...
