M_Ernest
Why has the price in BTC been pumped? Is the price increase real?
Well, like last time, I don't think it's real, but let's see why... 1- Yesterday at 15:22 entry of 9,220 BTC in the derivatives market from a portfolio of 1k and 10k BTC. 2- A few hours later, entry of 109,218,776 USD to the spot market. Then it decreases so they have been spent. Gasoline to raise the spot price. 3- Following hours the spot goes up in a night time with little liquidity. Leave a bad auction. 4- The rise with a negative delta, indicative of a lack of buying activity.