Data has no emotions, but emotions can easily deceive, so look at the numbers first.
Take this one in front of us: profits of about $25.36 million over the past 30 days, one address cut its BTC short position by about $11.94 million, $BTC was up 0.34% intraday.
On the face of it, this is a negative factor. How much damage it does to the market is something the volume can answer.
#BTC
Take this one in front of us: profits of about $25.36 million over the past 30 days, one address cut its BTC short position by about $11.94 million, $BTC was up 0.34% intraday.
On the face of it, this is a negative factor. How much damage it does to the market is something the volume can answer.
#BTC