Whales and Sharks Finally Showing Legitimate Signs of Profit Taking
๐ณ Over the long-term, Bitcoin prices are correlated closely with the behavior of whales and sharks (specifically wallets with 10+ $BTC). Since last week, these
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๐ณ Over the long-term, Bitcoin prices are correlated closely with the behavior of whales and sharks (specifically wallets with 10+ $BTC). Since last week, these key stakeholders have dumped ~6,813 coins, the largest drop since last July. Look for accumulation from this group as a signal that market-wide prices are about to move back in the right direction. Santiment chart available here.
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