The movements of large orders are reflected, to some extent, in trading activity:
“Blockchain infrastructure provider Chainstack discloses technical details of an attack; customer account data exposed”
When news like this breaks, I ask three questions related to money:
1. Are aggressive buyers or sellers in the majority?
2. Is trading volume for $BTC (24h: $1.083 billion) continuing to grow?
3. Are there any large transfers out of the platform on-chain?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s mostly just market sentiment stirring things up.
The more sensational the news, the more important it is to watch what the big money is doing.
#BTC
I can be wrong too—make your own judgment.
“Blockchain infrastructure provider Chainstack discloses technical details of an attack; customer account data exposed”
When news like this breaks, I ask three questions related to money:
1. Are aggressive buyers or sellers in the majority?
2. Is trading volume for $BTC (24h: $1.083 billion) continuing to grow?
3. Are there any large transfers out of the platform on-chain?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s mostly just market sentiment stirring things up.
The more sensational the news, the more important it is to watch what the big money is doing.
#BTC
I can be wrong too—make your own judgment.