CryptoQuant: New Bitcoin whales’ share of whale realized cap has risen to around 1/3, with a cost basis of about $77,000
How should we interpret institutional activity? Institutional accumulation reflects confidence in long-term allocation more than anything else. It usually has a limited impact on short-term prices, but can provide support during pullbacks.
$BTC Current price: 82072.57. Cast your vote in the comments: bullish or bearish?
Don’t take this as financial advice.
How should we interpret institutional activity? Institutional accumulation reflects confidence in long-term allocation more than anything else. It usually has a limited impact on short-term prices, but can provide support during pullbacks.
$BTC Current price: 82072.57. Cast your vote in the comments: bullish or bearish?
Don’t take this as financial advice.