🐳 Where is the money going?
“Whales with $16 million in cumulative profits are aggressively adding to ZEC long positions. How should you position for what’s next?”
When this news comes out, I ask three questions about capital flows:
1. Are large orders buying or selling?
2. Is trading volume for $ZEC (24h: $180 million) continuing to grow?
3. Are there any large on-chain transfers out of exchanges?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just noise.
The same news can trigger completely different reactions depending on market conditions.
#ZEC
“Whales with $16 million in cumulative profits are aggressively adding to ZEC long positions. How should you position for what’s next?”
When this news comes out, I ask three questions about capital flows:
1. Are large orders buying or selling?
2. Is trading volume for $ZEC (24h: $180 million) continuing to grow?
3. Are there any large on-chain transfers out of exchanges?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just noise.
The same news can trigger completely different reactions depending on market conditions.
#ZEC