Some notable onchain activities on $BTW today.
Just like with $AKE , there are withdrawals to new wallets. I see these wallets are holding tokens. This reduces effective circulating supply, as I explained earlier (as long as there is no outflow).
The L/S ratio is at 0.53, while the L/S ratio of the top traders is at 1.71. The top traders are going in hard on buys while the small fish are being used as fuel.
It wouldn’t be surprising if a new upswing is on the way.
Just like with $AKE , there are withdrawals to new wallets. I see these wallets are holding tokens. This reduces effective circulating supply, as I explained earlier (as long as there is no outflow).
The L/S ratio is at 0.53, while the L/S ratio of the top traders is at 1.71. The top traders are going in hard on buys while the small fish are being used as fuel.
It wouldn’t be surprising if a new upswing is on the way.