People are still buying after a drop like this—the whales scooped up 6,010 $ETH this morning.
Lookonchain: Address 0x8E8b previously sold 2,050 ETH (about $4.93 million), netting a $1.08 million profit. Today, it bought back 6,010 ETH, spending around $14.23 million.
The market is selling, the whales are accumulating—it’s the same old story.
People at SJTU/NTU who follow on-chain activity often say: retail traders fear the charts; whales trust their cost basis.
Everyone watching on-chain activity here in Singapore is asking: Is this a signal to buy the dip, or just the prelude to getting dumped on?
Me, a 985 graduate waiting to break even: The numbers look good, but copy trading can leave you wrecked when there’s a second dip.
Would you follow this whale and buy? $BTC $ETH #BinanceSquare
Reply 1 to buy along—the whales wouldn’t spend millions for nothing.
Reply 2: Don’t chase it. Buying back doesn’t mean the bottom is in.
Reply 3: Wait and see if they keep adding to their position.
Lookonchain: Address 0x8E8b previously sold 2,050 ETH (about $4.93 million), netting a $1.08 million profit. Today, it bought back 6,010 ETH, spending around $14.23 million.
The market is selling, the whales are accumulating—it’s the same old story.
People at SJTU/NTU who follow on-chain activity often say: retail traders fear the charts; whales trust their cost basis.
Everyone watching on-chain activity here in Singapore is asking: Is this a signal to buy the dip, or just the prelude to getting dumped on?
Me, a 985 graduate waiting to break even: The numbers look good, but copy trading can leave you wrecked when there’s a second dip.
Would you follow this whale and buy? $BTC $ETH #BinanceSquare
Reply 1 to buy along—the whales wouldn’t spend millions for nothing.
Reply 2: Don’t chase it. Buying back doesn’t mean the bottom is in.
Reply 3: Wait and see if they keep adding to their position.