CryptoQuant founder: During bitcoin fluctuations, retail investors tend to buy high and sell low, while whales buy low and sell high
BlockBeats News, December 27, CryptoQuant founder Ki Young Ju cited data on the distribution of bitcoin spot order sizes, stating that during bitcoin's recent ongoing price swings, there is often a pattern of "Price rises: retail investors buy, whales sell; price falls: retail investors sell, whales buy". The current market is in the phase of price decline and whale accumulation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
nVent Electric declares quarterly dividend of $0.21 per share
Euro: Dollar strength seen sustainable – Commerzbank
Update: Market Chatter: BlackRock Emerges as Preferred Manager for Dutch Pension Assets
voestalpine targets 30% CO2 emissions cut by 2029 under greentec steel program

