This article is machine translated
Show original
The beginning of data analysis can be said to be capturing unusual and large data...
Currently, the data for the Coinbase USD pair can be considered quite unusual.
Firstly, this is because net buying pressure continues uninterrupted regardless of price adjustments...

Second, while Binance trading volume is typically around 10 times higher than Coinbase, the recent Ethusd trading volume shows Coinbase surpassing Binance, which is quite unusual.



With additional data, Binance's ethusdt is sharply rising, pushing up the price to ATH.
Stablecoins, which are expected to be the killer app for blockchain and a major demand source, are also hitting ATH.
> In my personal opinion, time is ultimately on our side, but it seems like there are quite a few people who are being greedy and trying to make a few more percentage points.


Among them, there was one who shouted that Ether was worth ten thousand dollars and sold everything.

Lookonchain
@lookonchain
08-02
Arthur Hayes(@CryptoHayes) sold 2,373 $ETH($8.32M), 7.76M $ENA($4.62M) and 38.86B $PEPE($414.7K) in the past 6 hours.
https://intel.arkm.com/explorer/address/0x6cd66DbdFe289ab83d7311B668ADA83A12447e21…

So what I'm trying to say is, when people talk about whale data, it seems like there's something there, so a lot of people get tempted...
Now, whales... power... all those things are just marketing terms... and that will only get worse in the future.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share




