TechFlow news, on December 30, Garrett Jin, the alleged "1011 insider whale," posted on X platform stating that as expected, the short squeeze in precious metals has ended and capital is beginning to flow into the cryptocurrency market. Garrett Jin previously pointed out that the rise in silver, palladium, and platinum was merely a short-term squeeze and unsustainable; once prices start reversing, gold prices could also be dragged down, leading market capital to shift from precious metals to Bitcoin and Ethereum, moving funds from overheated trades to relatively undervalued assets.
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