Are funds quietly changing hands?
“Yi He: There is a time lag between Binance completing its PoR and users being able to verify it; the exact timing depends on the scale of the assets.”
After the news came out, I asked only three questions related to money:
1. Which way is the balance of active buying and selling tipping?
2. Has trading volume for $BNB ($126 million in 24h) increased noticeably?
3. Have any large holders made unusual transfers to trading platforms?
Only when all three point in the same direction can the news be considered validated by the flow of funds; otherwise, it’s probably just a passing gust.
The same news can trigger very different reactions depending on market conditions.
#BNB
“Yi He: There is a time lag between Binance completing its PoR and users being able to verify it; the exact timing depends on the scale of the assets.”
After the news came out, I asked only three questions related to money:
1. Which way is the balance of active buying and selling tipping?
2. Has trading volume for $BNB ($126 million in 24h) increased noticeably?
3. Have any large holders made unusual transfers to trading platforms?
Only when all three point in the same direction can the news be considered validated by the flow of funds; otherwise, it’s probably just a passing gust.
The same news can trigger very different reactions depending on market conditions.
#BNB
