Wintermute said that the marginal selling volume of encryption is close to drying up, and it is recommended not to heavily invest to seek a rebound

Wintermute stated that the retreat of major cryptocurrencies in the cryptocurrency market is less than 4%, and marginal selling is close to drying up. Strategy sells Bitcoin again to pay preferred stock dividends, Coldcard firmware vulnerability leads to theft of large Bitcoin holdings by users, and altcoins continue to be liquidated. At present, it is not advisable to heavily invest in a strong rebound. Attention should be paid to this week's ISM service industry and non farm payroll data, as well as signals from former Federal Reserve Chairman Jerome Powell at the Jackson Hole Conference. The proportion of institutional OTC spot has risen to 72%.