🐳 Fund flows:
「A whale spent $4.32 million to buy 7.6 million WLD over the past two weeks, and is now sitting on an unrealized loss of more than $780,000.」
When this kind of news breaks, I ask three questions about the money:
1. Are large orders skewed more toward buying or selling?
2. Can trading at $WLD (24-hour volume: $33.92 million) increase significantly?
3. Are large holders making any unusual transfers off exchanges?
If all three point in the same direction, the news has real weight; otherwise, it’s probably just a passing gust.
Truly important news tends to keep people talking for several days.
「A whale spent $4.32 million to buy 7.6 million WLD over the past two weeks, and is now sitting on an unrealized loss of more than $780,000.」
When this kind of news breaks, I ask three questions about the money:
1. Are large orders skewed more toward buying or selling?
2. Can trading at $WLD (24-hour volume: $33.92 million) increase significantly?
3. Are large holders making any unusual transfers off exchanges?
If all three point in the same direction, the news has real weight; otherwise, it’s probably just a passing gust.
Truly important news tends to keep people talking for several days.