Weekend Crypto Coins He faced strong sales and the data during the week were not supportive. Trump This week, he threatened Putin clearly and if the war does not end until Thursday, big secondary taxes will come. But crypto coins do not fall. But why?
Why don’t crypto coins fall?
Crypto Coins Why are we so used to the headlines that it falls so that the concern of this “does not fall” is strange. Interestingly, crypto currencies do not fall despite many things such as gigantic whale sales, major negative developments on the macroeconomic front, and Russia’s necessity to sign peace until Thursday.
Despite the awakening of the whales that have been still in motion for 10 years, we did not see a decrease in crypto currencies. Kyle emphasized the profitability of the investor.
“Bitcoin
$118,426.75He left behind the wave of sales on the weekend as if nothing had happened.
Long -term investors realized their profits, but 97 %of the supply are still unrealized. Is it a sales pressure? BTC tells us, “You have to try more (to shake me).”
Awakening crypto currency whales
In recent days, we have seen that whale wallets, which have not moved for more than 10 years, have started to make large sales. In fact, the miners Binance Their entrances have also reached significant dimensions. Daancrypto thinks that there are basically two reasons.
The first is that when the price reaches the new AH level, that is, when the price discovery, these sales are normal. For long -term investors, six -digit prices are attractive.
The second reason is that “Most people had told them that when governments and institutions entered the market, they would start to get their profits”.
“These are the only players who can offer them the liquidity they need. After all, people sell when they want to sell. These people are impressive for them to wait so long. These people probably hold a large number of coins in different wallets. Therefore, if a wallet wakes up, it does not mean that there is a lot of coins that the same person plans to keep it. It makes sense that it is and that all liquidity can absorb it. ”
So we can find the answer to the question of why crypto coins do not fall. Because states and institutions have come to such a dominant position in the markets that the concerns of individual investors no longer affect the graphics? This would be great, a very mature and cold -blooded crypto currency market is very enjoyable, but we will see it in the next few weeks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
