Big whales enter the market!

Abraxas Capital recharged USDC and withdrew ETH to Binance many times on this day, and the circular increase in positions exceeded 100 million US dollars! Because it was the weekend yesterday, the 24-hour trading volume of Binance ETH was only 500 million, so more than 20% were bought by these big whales.

In addition, we also saw the crazy increase in positions of the institution MatrixPort over the weekend, so this wave of pull-ups is not small retail investors, but institutions entering the market at low prices.

Floki, which we have been shouting about these two days, has risen by 10% and is expected to break away from the bottom. And Pepe and other local dogs have also risen by double digits. You have to know that shorting can only win for a while, but buying on dips is the main theme of the bull market!