Chinese miners? They make up a big proportion of the coins mined and they're in a country where BTC is essentially useless for anything other than selling or market playing.
The Chinese government should've done the world a favour and truly shut down any possible market avenue available to them. They're not exactly doing anything to contribute to the ecosystem and that's what Bitcoin needs.
But have you noticed that most dumps happen on western exchanges? Why is that?
those are early adopters, and i doubt there are many chinese early adopters, they didn't know about bitcoin back then
How many early adopters holding how many coins? Are these early adopters the same early adopters we'll be using in 2025 as an excuse for dumps instead of addressing the real issue of leveraged trading in thin markets populated by greedy speculators?