Wu Jihan sold all his Bitcoin to pursue AI, ultimately becoming like Zhan Ketuan.
As of February 20, BitDeer's own Bitcoin holdings officially reached zero.
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Jihan Wu responds to Bitdeer's liquidation of BTC: This does not mean he will not hold BTC in the future.
22/02 21:03
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More news about 吴忌寒 清仓 btc
More news about 吴忌寒 清仓 btc
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Behind Wu Jihan's liquidation of Bitcoin
The market has indeed entered a deep bear market. Although Wu Jihan is an individual, his liquidation is representative, and to some extent represents the sentiments and actions of some early Bitcoin OGs.
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Large-scale sell-offs by major investors or mining companies are often seen by retail investors as a signal that the market has peaked or collapsed. But looking beyond the emotions, this is not a simple “miner surrender” but a textbook example of corporate capital operation and strategic transformation.
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As long as POW does not disappear, miners will always find ways to survive and even make enough money. Just like Wu Jihan, who has experienced the peak, turmoil, palace fighting, and low-key behavior, he can still flexibly continue to contribute the Chinese people's strength to the mining industry.
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As the cryptocurrency market looks to unleash some momentum and begins what appears to be a short-term respite, it’s important to take a step back and look at the bigger picture.
JinseFinanceWu Jihan creates panic in BTC
If someone asks me, what is the purpose of the short-selling report issued by Matrixport founded by Wu Jihan yesterday? The motive is hard to reveal, but it certainly created a sense of panic in the market.
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