It could be a good sign indeed...but...
We have a week where the BTC Whales seem to have accumulated 14 times more BTC than they have sold...
Yes gentlemen, 109000 BTC "BOUGHT" vs 7358 BTC "SOLD" Nevertheless... Analyzing which wallets have made these alleged BITCOIN purchases, you realize something "NEW"... Essentially the Wallets that have "bought" the most BTC are:
- 35c9KmMXzn7wu5TVttu8cB3aUjFzYMtEps : +14500BTC Total Transactions 5, created YESTERDAY
- 18B1dqmRiMVt6mwUrqMUvkT14mChTwdXGT : +20179BTC , Total transactions 1, created last week.
- bc1q4jchcr7nla277su5lpjzttxp3xg5j8wds5lcwg : +10251BTC , thousands transactions... Created on 2020
- 35PPdr9CSZuqwi2S7vj9ResHQCVTsYuB3z : +50562BTC , Total transactions 1, created 4 days ago...
ONLY ONE "VETERAN" has done some merit buying or adding BTC to his wallet... The other big positive movements detected are made by new whale wallets that have been created in the last few days... There is no previous transaction history, totally new. This means that there has been no trade, only movement... it could be that someone had managed to withdraw their BTC from their custodial wallets of centralized services, which is good if these BTC do not move anymore... although I doubt it.
In any case, this is not the signal I was expecting. What I hope is that the VETERAN WALLETS make their moves upwards so I can only say that, obviously, BEARS are still very strong until these veterans show more confidence.
Additionally, I am really curious to discover what these new 3 whales will do in the early future... will see.
Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible for any of your profit/losses obtained as a result of this information.
Posted Using LeoFinance Beta
