Nexo co-founder: retail investors triggered recent Bitcoin price corrections

Nexo co-founder: retail investors triggered recent Bitcoin price corrections

12/1/2021

Nexo co-founder: retail investors triggered recent Bitcoin price corrections

Golden Finance reported that Antoni Trenchev, co-founder and managing director of the crypto lending platform Nexo, believes that the current price correction is triggered by retail investors who follow the institutions that created Bitcoin's highs. He said that once BTC exceeded $40,000, earnings reached a high point, which triggered retail investors who are more inclined to sell quickly. The massive selling in recent days is the result of the accumulation of these transactions


NOTICE
This is an original piece. Reproduction in whole or part without written permission is prohibited.
About miner repair issues, please contact repair manager email:
[email protected]

For business cooperation, please contact:
[email protected]

COMPLAINTS & SUGGESTIONS
If you have any dissatisfaction during the transaction or have valuable suggestions for us, please contact us via this email address:
[email protected]