Playing devil’s advocate: A whale may have completely dumped its BNB holdings, with cumulative losses of $1.536 million on its UNI, LTC, and BNB positions.
Most people see this as bearish news. What I’m wondering instead is: has some of the panic already been priced in? It’s not uncommon for prices to rise rather than fall after bad news comes out.
$BNB 24h +1.06% — the more a story floods your feed, the more you should watch the big money.
#BNB
The above is compiled from public information. Please verify it yourself.
Most people see this as bearish news. What I’m wondering instead is: has some of the panic already been priced in? It’s not uncommon for prices to rise rather than fall after bad news comes out.
$BNB 24h +1.06% — the more a story floods your feed, the more you should watch the big money.
#BNB
The above is compiled from public information. Please verify it yourself.