Tomáš Hančar2022-11-10

What do the whales have a hunch about that we ain't got a clue of?

BTC printed new yearly lows as the panic around the FTX ponzi scheme ensues, price took somewhat of a dump, yet the speculating whales don't seem to be bothered much/panicking out of their positions - on the contrary, with the currently ongoing price action the 30d all exchanges to derivatives exchanges flows moving average suggests that they're just not giving up - they just seem to be keeping on scaling in even with the latest downturn. It's been a year exactly today since the ATH, F&G index is diverging heavily against the price action and the Finex whales are still not budging - could the bottom finally (I was wrong back in June based off the massive BoJ JGB buys ramp up) indeed be either in or at least close time-wise? CryptoTwitter sentiment surely suggests so, too... Purely TA speaking, nearest significant structure on the M, Q and Y = still 14k-ish. If you're catching this falling knife, make sure you do so with a good dose of rational risk management! :)