Fund flow watch:
“Cosmos contributes its cross-chain protocol IBC to the Linux Foundation’s Decentralized Trust project”
After this news broke, I’d ask three questions about fund flows:
1. Which way are net buying and selling leaning?
2. Could trading volume for $ATOM (24h: $1.67 million) increase significantly?
3. Are there any unusual on-chain transfers out of exchanges?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust.
Look at the data more and don’t just take people’s word for it—you’ll avoid a lot of pitfalls.
“Cosmos contributes its cross-chain protocol IBC to the Linux Foundation’s Decentralized Trust project”
After this news broke, I’d ask three questions about fund flows:
1. Which way are net buying and selling leaning?
2. Could trading volume for $ATOM (24h: $1.67 million) increase significantly?
3. Are there any unusual on-chain transfers out of exchanges?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust.
Look at the data more and don’t just take people’s word for it—you’ll avoid a lot of pitfalls.