Former head of YouTube development sold all bitcoins



Shue cited excessive use of leverage and massive losses he incurred during the asset's price decline as the main reason for the sell-off.

In addition to the losses, the former Google engineer mentioned the risks of the crypto market:

Liquidity is significantly lower than in previous market cycles, so when investors exit en masse, there may not be enough funds to execute all orders.
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GateUser-8196dcdc
· 6h ago
I am very glad
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