A new survey revealed that a big bit coin (BTC) holder (whale) has returned to the market and is buying BTC back. Meanwhile, small investors are still waiting and watching when the market is panic.
According to data from the Crypto Quent, on -China analytics platforms, the sales pressure of binns whales is weakening.
Wikipedia Wheel re -adjusted market strategy
With BitCoin, growing about 000 80,000, it seems that it is time to buy for large investors, or at least in the price range that is not suitable for sale.
In a blog on March 12, Dark Fost, auxiliary auxiliary of the Cryptovanto, pointed out that the ratio of binns’ top 10 BTC arrival was due to whales.
“Monitoring the trends of the wheel gives permanent insights to predict possible market movement,” he said.
“Since binns is the highest trading volume, analyzing the Bitcoin Wheel ratio in the binns provides you with useful information about wheel activity in the market.”
Bitcoin Exchange Wheel Ratio (Binnus)
In fact, the Wheel’s proportion has been down since raising a record of the BTC/US dollar in mid -January.
“The proportion is currently falling, which shows that the binns wheel is reducing sales pressure,” the post continues.
“Historical data shows that the increase in the whale proportion is linked to the adjustment and maintenance stages of short -term prices, while the proportion is often reduced before rapid trends. If this reduction in pressure sales continues, it can eliminate the current adjustment of the market.”
Investors who are careful to buy BTC, 000 80,000
However, the overall demand for BitCoin is slow.
A regular report by the analytics company Glassone shows that the market is not excited about buying in the current price range.
The company analyzes the capital flow through the short -term holders (STH) – investors who purchase within six months. The results showed that between a week and a month, cost standards for investors who buy BTC were less than those who made purchases between one to three months.
“With 000 000 Bitcoin prices, less than 000 95,000, the model confirmed a change in pure capital emissions, as the cost quality from a week to a month fell from a month to three months.”
“The ultimate economic uncertainty is cooling down the demand and reducing the arrival of the new capital. It is also helpful in increasing sales pressure and increasing long -term adjustments. This change has led new buyers to a new record of high -ranking high -ranking high -ranking high -ranking.
Bitcoin STH Capital Influ (screenshot). Source: Glass Node
The insights and interpretations of this article are the author’s own and does not necessarily reflect the views of the quintal graph. This article does not include investment suggestions or recommendations. Every investment or transaction involves a risk, and readers should make their own research and make decisions.
