LIVE๐๐จ๐๐ ๐ ๐๐ฅ๐๐๐ง ๐๐ฆ ๐๐ข๐ ๐๐ก๐
Whales are accumulating more crypto this week.
During the 23-24th of May, they purchased over 20,000 BTC worth $1.34B.
The previous 7 days brought the inflow of $185M into the Bitcoin ALONE!
Looking at May overall, whales had increased their BTC holdings by 5.5% compared to 4.2% in April.
The May deep made them buy 47,000 BTC.
Why should we care?
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Big players may know something
Currently, we notice positive changes in the market in terms of liquidity because of whales.
They are preparing for the future bull run, so that can be a sign for us to invest more.
My advice: when you do analysis - always study the behavior of crypto whales.
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Their purchases directly influence the market.
The 9.8% increase in BTC holdings of whales brought the ATH on the token.
During April we saw a reduction in it. As a result - the drop of tokens to $56k.
Study the movement of liquidity. This has the power over the price
