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Featured Image Credit: Photo via comes with a risk of. Bitcoin All-Time Highs Ahead.
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Bitcoin whales stopped buying dips | 756 |
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United states based crypto mining software | This is completely different. Industry Announcements. According to Santiment, whales took advantage of a price drip driven by bearish sentiment to keep on accumulating more BTC. Per the firm, prices tend to top when sentiment is too high, and bottom out when it gets too bearish. Historically, strong accumulation was seen both during macro uptrends in the , , and bull runs, and during macro downtrends in the November , March , and December drops. Once the price of bitcoin drops, he added, the whales buy coins sold by retail investors at a discount and keep accumulating BTC. |
Bitcoin whales stopped buying dips | Why Investors in U. Historically, strong accumulation was seen both during macro uptrends in the , , and bull runs, and during macro downtrends in the November , March , and December drops. The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Industry Announcements. Featured image via Unsplash. You Might Like. |
Bitcoin whales stopped buying dips | Industry Announcements. This is completely different. When the Accumulation Trend Score is closer to zero it reflects investors are distributing their holdings or simply stopped accumulation. The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. The metric reflects the aggregate accumulating or distribution trend seen by Bitcoin investors on-chain while filtering out miners and cryptocurrency trading platforms. |
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0002 btc
Bitcoin Whales Have Been Buying Every Dip, BTC Price Recovers to $40,000In the past 24 hours, more than K Bitcoins have been transferred from cryptocurrency exchanges to unknown wallets, according to Whale Alert. It has been reported that the Whales are buying the dip while many other BTC investors and traders have become skeptical about its future. The market faced a recovery once holdings on wallets owning from to 10, BTC bought back their holdings, taking them almost completely back to pre-dump.
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