A different take: A whale that had been dormant for over a year bought a total of 3,009 BTC today, worth about $228 million.
Most people see this as bullish news. What I care more about is whether it was already priced in. It’s not uncommon for prices to spike and then pull back on the day good news breaks.
$BTC 24h -4.83%. Hype can rise and fade quickly; what matters more is whether it lasts.
Most people see this as bullish news. What I care more about is whether it was already priced in. It’s not uncommon for prices to spike and then pull back on the day good news breaks.
$BTC 24h -4.83%. Hype can rise and fade quickly; what matters more is whether it lasts.