China Is Fast Losing Money: Their Bitcoin Stash Just Fell By $388 Million

When Bitcoin prices fell from $31,000 to below $29,000, the total value of BTC held by China fell by over $388 million to around $5,4 billion. 
China’s Bitcoin Stash Fell By $388 Million
Bitcoin is trading below $28,500 and looks likely to edge even lower, considering the formation in the daily chart. With every tick lower, China and other countries, including Ukraine and Georgia, are losing money.The loss could even be bigger for the Chinese considering their big stash of BTC, w