👑MARKET MOVEMENT👑
After mid 2020, around June and July, the Toal share of Bitcoin’s on-chain volume originating from transactions over $100k has remained above 97% reaching highs of 99.9% meaning that bigger players have become the dominant figures in the market, which will likely get us the move we’re expecting next.
What can we expect to see after this in terms of mid term price action?
Big shorts have been partially covered by institutions and whales, and we’re currently seeing a high volume of the remaining ones taking profits. We’ve had serious accumulation of spot and Over The Counter BTC over the last few months, which means we’re likely about to see one of the strongest and highest volume moves up in at least a year.
After mid 2020, around June and July, the Toal share of Bitcoin’s on-chain volume originating from transactions over $100k has remained above 97% reaching highs of 99.9% meaning that bigger players have become the dominant figures in the market, which will likely get us the move we’re expecting next.
What can we expect to see after this in terms of mid term price action?
Big shorts have been partially covered by institutions and whales, and we’re currently seeing a high volume of the remaining ones taking profits. We’ve had serious accumulation of spot and Over The Counter BTC over the last few months, which means we’re likely about to see one of the strongest and highest volume moves up in at least a year.


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