Bitcoin price is weak, but whales are snatching up supply off Exchanges
The price hasn't been fun for a while now, but there are some good things happening under the hood.
The number of bitcoin leaving Exchanges has never higher than it was this past week...
Check it out:
(Source: https://twitter.com/rovercrc/status/1541371007805452288/photo/1)
Historically this has marked the bottom in many downturns...
We will see if history repeats...
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Upvoted! Thank you for supporting witness @jswit.
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Good news! Thanks for sharing!
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@jondoe Sometimes a whale makes a massive order to sell a large portion of its crypto tokens. They keep the price lower than other sell orders
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Sure, but coins leaving exchanges is bullish not bearish. People transfer coins to Exchanges to sell and they transfer them off Exchanges to...
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