Hello friends. Since bitcoin lost the important psychological level of $30,000 to temporarily stagnate at $26,000, the crypto community has increased its activity from what I have seen in the metrics that follow the volume related to purchases, there has been an increase that I will discuss below. .
To take advantage of the fall, purchases in the bitcoin market skyrocketed, but there is also a small group that sells large amounts of bitcoin, for this reason the price of Bitcoin has not risen and has remained at 26,000, we know that the current price It may seem tempting but an even bigger drop is rumored.
So it could be said that the price of Bitcoin could be hitting 21,900 and 21,300 if the resistance at 26,000 persists, do you think it can go that low? What do you think!!. Meanwhile, what we can say is that almost 90% of short-term bitcoin holders are in losses, that is, 2.26 million btc remain in the red.
Long-term holders, on the other hand, remain mostly unfazed. The fall was caused by a strong deleveraging and derivative operations and after the sharp fall, many trades on social networks when Bitcoin managed to fall to 26,000 said that it was the best time to buy Bitcoin at discount prices and now many of them end up doubting when presented with the real opportunity to buy.
Although this is pure psychology, if we are not truly sure of something, when the price falls, we will think that nobody wants it anymore, that it has no future or that it is the end, and even more so if we are weak hands, but many are not like that, I am I'm sure many would like to be like the whale I'm talking about.
It is a real mystery nobody knows who he is but thanks to the transparency of the blockchain we know that he has been accumulating more than 3,000 million dollars in bitcoin in just the last three months and in this way he has become the third largest holder of bitcoin in the world. I got these data from Blockchair.
This wallet received bitcoins for the first time on March 8 and in just three months and the following two weeks it accumulated 118,000 bitcoins valued at 3,080 million dollars. wallet and the most conspiracy theorists consider that it would be blackrock, it is also to say that none of the theories has solid evidence.
In case they were asking you which are the wallets with the most bitcoin in the world? The largest wallet in the world belongs to binance, the second to bitfinex, the third to this whale that owns 118,000 Btc and the fourth to another binance cold wallet. Will we be able to know one day Who owns this address? We'll see.
In conclusion
While some sell their bitcoin for fear of a second fall, others take the opportunity to buy. From my point of view, the best thing we can do is wait for the movement of the bitcoin market in the coming days, since a strong shock in the price can be expected. It is best to be cautious.
| Source of the information: |
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https://blockchair.com/es/bitcoin/address/bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2
https://es.beincrypto.com/casi-90-porciento-holders-bitcoin-corto-plazo-registran-perdidas/
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