(09.03.2021, 22:59)Ca$hmandt schrieb: Bitcoin whales 'bought the dip' as orders for $100K or more hit all-time highs
There's no shortage of demand for Bitcoin, even at $50,000, as big buyers dwarf smallholders in the latest stage of the bull run.
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In an update on March 9, on-chain analytics service Material Indicators noted that buy orders of $100,000 and higher on Binance — the biggest cryptocurrency exchange by volume worldwide — are reaching all-time highs.
Big Bitcoin buyers don't hesitate
In stark contrast to orders worth less than $100,000, larger buys are more frequent than ever before in Bitcoin's history.
Smaller allocations have plummeted in 2021, matching an existing narrative that institutions are scooping up liquidity on exchanges which surfaced during the recent bull run.
"The $100k - $1M class is now also about to make a new ATH," Material Indicators commented on Twitter alongside a chart.
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https://cointelegraph.com/news/bitcoin-w...time-highs
WAS??!! ....in the latest stage of the bull run.
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Corrections are usually over very quickly, and they're traditionally painless to long-term investors.
Experience is what you get, if you expect anything else!
Alles ist Zahl - die Vollkommenen --> 6; 28; 496; 8128; 33550336; 8589869056
Corrections are usually over very quickly, and they're traditionally painless to long-term investors.
Experience is what you get, if you expect anything else!
Alles ist Zahl - die Vollkommenen --> 6; 28; 496; 8128; 33550336; 8589869056