Why Are More Whales Moving Their BTC? - page 2.

DaveF

legendary

Activity: 3500

Merit: 6320

Crypto Swap Exchange

When I saw the line

Quote

most big transactions didn't come from exchanges

I stopped reading.
We don't know all the exchange addresses.
We don't know most of their cold storage addresses.
So to make a blanket statement like that just shows the lack of knowledge of the person who tweeted it.

-Dave

amishmanish

legendary

Activity: 1904

Merit: 1159

I don't know what that "BTC tokens transferred Mean" actually means coz the website was asking for registration. Given that it is talking about the number of BTC being moved, this could as well be coming from an increase in the number of transactions.

To be honest though, all these crypto quants kind of people are supposed to be wizards who combine the knowledge of mathematical analysis with the fundamentals of markets to come up with predictions based on analysis of all sorts of data. Its a pretty esoteric world which i frankly don't understand. They have made up metrics like "Active sender addresses", "active receiver addresses". Its all up in the air that what could it all mean. One thing for sure is that there are people far smarter than us bunch working to profit from bitcoin and the overall crypto market. So, just take your profits when you can and pray that the whale moves are favorable to you.

I would give props and more to anybody who can actually explain this stuff in a way that it makes sense.

DeathAngel

legendary

Activity: 3304

Merit: 1617

#1 VIP Crypto Casino

There’s no way of knowing who those entities are. It could be exchanges moving funds, it could even be OTC sales, without context it’s an impossible, wild goose chase.

Newchanka

member

Activity: 291

Merit: 19

If there's something to be written...

Saw this on Twitter and wonder what it portends

https://twitter.com/ki_young_ju/status/1459856955841802243

Topic: Why Are More Whales Moving Their BTC? - page 2. (Read 271 times)