Retail Dumps, Particularly On Bitcoin, Should Provide Hope
🦐 Bitcoin, Ethereum, and XRP are all showing good signs of a potential rebound with retail dumping on all three. We measure small, retail wallets as: 🪙 <0.01
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🦐 Bitcoin, Ethereum, and XRP are all showing good signs of a potential rebound with retail dumping on all three. We measure small, retail wallets as:
🪙 <0.01 coin $BTC Wallets: 0.36% of holdings dumped in past 5 days
🪙 <0.1 coin $ETH Wallets: 0.90% of holdings dumped in past 1 month
🪙 <100 coin $XRP Wallets: 1.38% of holdings dumped since start of November
👀 Prices move the opposite direction of small wallets' behavior. So we're keeping an eye on retail traders continuing to panic sell as a positive sign for crypto's recovery.
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