A look from the funding perspective: total profits of about $20.12 million; one address reduced its BTC short position by about $30.09 million.
When news breaks, two things often happen in the market at the same time:
· Funds that got in early start taking profits
· Funds that catch on later start stepping in
Whichever group is larger determines the direction of the price. $BTC 24h Trading volume: $1.415 billion. Watch for any sudden spike in trading volume.
When news breaks, two things often happen in the market at the same time:
· Funds that got in early start taking profits
· Funds that catch on later start stepping in
Whichever group is larger determines the direction of the price. $BTC 24h Trading volume: $1.415 billion. Watch for any sudden spike in trading volume.