Analyst_YuShiuanChen2022-06-18

We are in accumulation zone (Top-69 Huge Whales) as prices continue to fall (See the ASOPR)

ETH price had fallen rapidly more than 5.38% (BTC more than 4.76%) in one hour, Top 69 Huge whales keep buying the dip (Data: BTC Rich lists). Market is extreme fear now: "6" ! ----------- "Top 69" Huge BTC Whales buy(net) more than +132,673 BTC during 6/9-6/18 (9 Days). Total BTC amount of Top-69 Huge Whales: 6/18: 2,010,653 BTC 6/9: 1,877,980 BTC ----------- On the other hand, BTC Exchange Reserve also continued to decline over the past weeks. Changes of BTC Exchange Reserve: -75,339 BTC during 6/17-6/18. ----------- As the real capitulation takes place (Final Stage: Capitulation of small and medium whales), we will get to the real bottom. Huge Whales: O (Winner) Medium Whales: X (liquidation) Small Whales: X (liquidation) Retail investors: X (liquidation) For a long-term, it would be a good time to build the position in the recent (buy in batches). Good luck and Enjoy the market! ------------------- Analyst of cryptocurrency Yu-Shiuan Chen (CryptoQuant & Tradingview Taiwan)