'Clarity' Needed Before Whales Strike!
🏦 After Jane Street’s market impact earlier this week, attention is now turning to the White House’s March 1 internal deadline related to negotiations surround
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🏦 After Jane Street’s market impact earlier this week, attention is now turning to the White House’s March 1 internal deadline related to negotiations surrounding the highly anticipated Clarity Act. The legislation remains critically important for crypto because it will aim to provide clearer regulatory guidelines, reducing uncertainty for investors, exchanges, and blockchain companies.
🐳 Here are the amount of $100K+ transfers on the Bitcoin, Ethereum, Tether (ETH), and XRP Ledger networks over the past month. High spikes in whale transfers relative to the surrounding amount of whale activity will typically signal high probabilities of market reversals. Expect a big jump in whale activity at the beginning of March, regardless of what unfolds.
🔗 Monitor how whales are behaving on any given day for the top assets in crypto with this helpful chart!
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