Whales are watching this:
“Bitcoin recovers overnight losses, traders buy $420 million in call options”
After the news comes out, I ask three questions about capital flows:
1. Is aggressive trading skewed toward buying or selling?
2. Has volume at $BTC (24h: $1.147 billion) increased noticeably?
3. Are there any unusual outflows from exchanges on-chain?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just noise.
The impact of news on prices often comes with a lag.
#BTC
“Bitcoin recovers overnight losses, traders buy $420 million in call options”
After the news comes out, I ask three questions about capital flows:
1. Is aggressive trading skewed toward buying or selling?
2. Has volume at $BTC (24h: $1.147 billion) increased noticeably?
3. Are there any unusual outflows from exchanges on-chain?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just noise.
The impact of news on prices often comes with a lag.
#BTC
