Since the beginning of October, the Bitcoins Flow into Whale Accumulation Addresses metric has risen to high levels, an metric that measures the quantities of Bitcoin transferred to whale wallets. There is a high and continuous accumulation of these transfers, especially in the last 3 days. But pay attention to an important point: the effect of this metric is not short-term and is not suitable for scalping, but its medium-term impact is positive."

Pretty fascinating stuff, right? What are your thoughts on the behavior of Bitcoin whales?

Written by abramchart