For me, all the explanation for the increase in the price of Bitcoin or its decrease is most likely a part of the explanation or even a coincidence and not necessarily the absolute explanation. what if we now have a situation of low price, could we also attribute to the fact that Chinese people no longer believe in Bitcoin, thereby dumping it...
We rarely get good information from the Chinese and most of it is translated into bad English, so this is a breath of fresh air. The Chinese will have more bitcoins in circulation on their exchanges because most of it is mined there and they have zero trading fees on their exchanges.
So NO, I do not think that they are dumping bitcoins. They are just closer to the source. ^smile^
