Seeing big corporate buyers double down right now completely changed my perspective on this pull back. I was feeling pretty hesitant with the fear index sitting at 28, but these treasury moves tell a different story.
Strive reported $509 million in third-quarter net income and scooped up another 15,124 $BTC in October alone, via cointelegraph.com. That brings their total reserves to 43,124 coins.
It's wild watching them buy so aggressively while the total value of all coins dropped 2.88% over the last day. Makes you realize how differently long term funds operate compared to short term traders.
Do you think continuous corporate buying like this can keep absorbing the stress, or is retail fear going to drag things lower anyway?
NFA | DYOR #BinanceSquare #WriteToEarn #Trading #MarketUpdate #Crypto
Strive reported $509 million in third-quarter net income and scooped up another 15,124 $BTC in October alone, via cointelegraph.com. That brings their total reserves to 43,124 coins.
It's wild watching them buy so aggressively while the total value of all coins dropped 2.88% over the last day. Makes you realize how differently long term funds operate compared to short term traders.
Do you think continuous corporate buying like this can keep absorbing the stress, or is retail fear going to drag things lower anyway?
NFA | DYOR #BinanceSquare #WriteToEarn #Trading #MarketUpdate #Crypto