maartunn
Retail buying, while whales are selling. Bullish or not? ๐ค
At a first glimp, you might say; whales selling into retail buying isn't bullish. And indeed, for price movement on the relative low timeframe I agree on that. But please, take a look at Bitcoin on a broader perspective. Larger (whales) holders selling into smaller holders (retail) is really want YOU want to see if you believe in a longer-term Bitcoin thesis. Bitcoin becomes more distributed on the network. It is on the hands of more investors other than in the hands of a few whales. And that is only a good thing. On the lower timeframe, this is still an on-going risk. But in the larger perspective, I am very confident this is healty for the bitcoin-network as a whole.