Fund flows are worth watching:
“SOL treasury company SKYA transferred out 468,000 SOL in the past 24 hours, worth $51.1 million.”
After news like this comes out, I ask three money-related questions:
1. Which way are aggressive buys and sells leaning?
2. Is trading volume for $SOL ($197 million in 24h) continuing to grow?
3. Are whales making large deposits to trading platforms?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust of wind.
News that really matters is often followed by continued activity over a period of time.
For recording and sharing purposes only; this is not investment advice.
“SOL treasury company SKYA transferred out 468,000 SOL in the past 24 hours, worth $51.1 million.”
After news like this comes out, I ask three money-related questions:
1. Which way are aggressive buys and sells leaning?
2. Is trading volume for $SOL ($197 million in 24h) continuing to grow?
3. Are whales making large deposits to trading platforms?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust of wind.
News that really matters is often followed by continued activity over a period of time.
For recording and sharing purposes only; this is not investment advice.