BitGo strategically purchased $APT , with staking yields reaching 7%, but the coin price immediately fell 1.51%.
A major custodian entering the market is a long-term vote of confidence, but this positive news clearly couldn’t absorb the selling pressure. Don’t go all-in just because you see an institution.
In this kind of market, keeping positions small and buying in batches is the way to go. Compared with paying fees to trade live, trying things out in a trading competition is more cost-effective.
On-chain access is there to provide liquidity. If trading volume for $APT doesn’t pick up, institutional holdings are just numbers on paper.
Are institutions entering to buy the dip or to offload their holdings? Comment 1 if you think it will bounce back; comment 2 if you think it’s a scheme.
#Write2Earn #BinanceSquare #APT #Layer1 #Futures
A major custodian entering the market is a long-term vote of confidence, but this positive news clearly couldn’t absorb the selling pressure. Don’t go all-in just because you see an institution.
In this kind of market, keeping positions small and buying in batches is the way to go. Compared with paying fees to trade live, trying things out in a trading competition is more cost-effective.
On-chain access is there to provide liquidity. If trading volume for $APT doesn’t pick up, institutional holdings are just numbers on paper.
Are institutions entering to buy the dip or to offload their holdings? Comment 1 if you think it will bounce back; comment 2 if you think it’s a scheme.
#Write2Earn #BinanceSquare #APT #Layer1 #Futures
