A certain address has made a total profit of about $149 million, and reduced its BTC short position by about $51.31 million.
Institutions often don’t rush to catch the first wave of news; they prefer to enter in batches on pullbacks.
This puts pressure on short-term sentiment. The impact on fundamentals will depend on further details.
$BTC is currently at 77,767.73, down 3.03% over 24 hours, with 24-hour trading volume of $2.691 billion.
#BTC
I often get it wrong too. Make your own judgment.
Institutions often don’t rush to catch the first wave of news; they prefer to enter in batches on pullbacks.
This puts pressure on short-term sentiment. The impact on fundamentals will depend on further details.
$BTC is currently at 77,767.73, down 3.03% over 24 hours, with 24-hour trading volume of $2.691 billion.
#BTC
I often get it wrong too. Make your own judgment.