A whale is suspected of selling 75.03 WBTC and KBTC, while its 80,000 ETH holdings are sitting on $30.79 million in unrealized gains. After news like this, I look at capital flows first, then prices.
Bearish news can inevitably dent short-term confidence, but the long-term outlook remains to be seen. Whether capital is concentrating in major coins or spreading into altcoins can reveal the market’s appetite.
$WBTC .