If You Think The Crypto Winter Is Over, You're In For A Surprise

in pyramid •  2 years ago 

Bitcoin jumbos, or large holders of BTC, are a constant source of enterprise in the crypto- space. The supposition is that they're constantly accumulating to vend at advanced prices.

The problem with this supposition is that it does not take into account how frequently these jumbos buy/ sell and how important they are actually accumulating or dealing .

Bitcoin jumbos can be linked by their high trading volume and their size relative to other dealers( i.e., if one Goliath buys 100 BTC worth$ 20M and another Goliath sells them all at$ 30M, the alternate Goliath is a Goliath by description).

In factuality, we have set up that over half of all deals on major exchanges are served by just three jumbos Azaeli Liu(@azaeli), Jihan Wu(@JihanWu), and Billy Tan(@billytan). These three account for half of all BTC trades — a stunning statistic!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!