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📊👀 As $BTC dipped to $54,000 yesterday, a buyer snapped up nearly 10,000 BTC, totaling around $540 million.
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🐳 After a brief distribution period, Ethereum whales are back to accumulating $ETH
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🔗📉 $LINK #Santiment : Chainlink's weak hands have just shown signs of giving up hope and released significant levels of coins. The 60M in LINK realized losses yesterday is indicative of significant trader #FUD , and increases the likelihood of a local bottom.
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📊 $BTC Analyst C.Q.: The average paper profit for investors after the ATH has decreased by 60% and is currently at the 'Anxiety' level. Market recovery in a similar situation in December 2019 began when the metric reached zero.
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⛏ $BTC CEO C.Q.: Bitcoin miner capitulation is still ongoing. Historically, it ends when the daily average mined value is 40% of the yearly average; it's now at 72%. Expect the crypto markets to be boring for the next 2-3 months. Stay long-term bullish but avoid excessive risk.
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