Is big money moving in?
“Two whale addresses withdrew a total of 5,965 ETH over the past 20 minutes, and may continue buying.”
After seeing news like this, I ask three questions about the flows:
1. Are large orders skewed toward buying or selling?
2. Can trading volume at $ETH (USD 258 million over 24 hours) increase significantly?
3. Are large holders making substantial withdrawals from exchanges?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just noise.
News with a specific timestamp is more worth taking seriously than vague rumors.
Volatility is high, so use leverage within your means.
“Two whale addresses withdrew a total of 5,965 ETH over the past 20 minutes, and may continue buying.”
After seeing news like this, I ask three questions about the flows:
1. Are large orders skewed toward buying or selling?
2. Can trading volume at $ETH (USD 258 million over 24 hours) increase significantly?
3. Are large holders making substantial withdrawals from exchanges?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just noise.
News with a specific timestamp is more worth taking seriously than vague rumors.
Volatility is high, so use leverage within your means.