Why did Pepe and WIF stop rising? Wall Street mania: This institution gambled 7 billion!

I have analyzed many local dog coins such as Pepe, Floki and WIF. They fell badly in the bear market, but they will rise sharply in the bull market. Especially for currencies related to the general election, such as People, every time Trump makes a big move, it will usher in a strong short-term pull-up.

It is recommended that you pay more attention to Trump's developments. For example, in the two weeks before the presidential debate, People usually soared. On a good day, all profits can be stopped, and even shorted at a high point, which is an easy opportunity to make money.

We should not only look at the net inflow and outflow data of the exchange, but also need an in-depth analysis of the movements of long-term currency holders. Another noteworthy signal is that Teda once again issued a large increase of USDT by $1 billion after three months, which is a strong signal for institutional entry. Xiao Miao informed everyone in the community at that time, and as expected, Bitcoin then rose to 61,500.

In addition to the macro data, let's take a look at the specific on-chain dynamics. Wall Street giant Cumberland almost entered the stadium today. After receiving hundreds of millions of USDT from Teda in the early morning, they immediately transferred to Binance, OK and Kraken. Obviously, they were ready to buy a lot, which verified the famous saying in the currency circle: "Others are afraid, I am greedy.