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#数字资产市场观察 On December 2nd, this wave of market movement came suddenly, but the actions of institutions were even faster. Data shows that on that day, institutions sold off $1.1 billion worth of chips, while their buying back was only $77.9 million, resulting in a net outflow of over $1 billion. The global crypto market collectively faced a large dumping within just a few hours.
With such a large selling pressure released in such a short time, how could the market withstand it? The subsequent market is likely to be under pressure and decline, so everyone should pay attention to risk control.