As retail investors’ panic sell Bitcoin, the whales are buying!
- Blog
- October 1, 2021
As retail investors’ panic sell Bitcoin, the whales are buying!
Bitcoin is recovering like always after all those losses it had in the past week. But, of course, by now, this shouldn’t even surprise anyone, and the whales played a role again.
Bitcoin was floating at positive 9% with $37,000 and more the trading was stable. But everything changed over the weekend when a wave of liquidations across off-shore trading venues sent the market tumbling to $30,000. Thus, the retail traders started panic selling. On the other hand, the whales saw an opportunity, moved towards the buying side, and started buying.
The whales started mass buying Bitcoin. They took full advantage of retail de-leveraging their assets. As the dip went down, further whales quickly bought more and more.
Bitcoin is recovering like always after all those losses it had in the past week. But, of course, by now, this shouldn’t even surprise anyone, and the whales played a role again.
Bitcoin was floating at positive 9% with $37,000 and more the trading was stable. But everything changed over the weekend when a wave of liquidations across off-shore trading venues sent the market tumbling to $30,000. Thus, the retail traders started panic selling. On the other hand, the whales saw an opportunity, moved towards the buying side, and started buying.
The whales started mass buying Bitcoin. They took full advantage of retail de-leveraging their assets. As the dip went down, further whales quickly bought more and more.Bitcoin is recovering like always after all those losses it had in the past week. But, of course, by now, this shouldn’t even surprise anyone, and the whales played a role again.
Bitcoin was floating at positive 9% with $37,000 and more the trading was stable. But everything changed over the weekend when a wave of liquidations across off-shore trading venues sent the market tumbling to $30,000. Thus, the retail traders started panic selling. On the other hand, the whales saw an opportunity, moved towards the buying side, and started buying.
The whales started mass buying Bitcoin. They took full advantage of retail de-leveraging their assets. As the dip went down, further whales quickly bought more and more.Bitcoin is recovering like always after all those losses it had in the past week. But, of course, by now, this shouldn’t even surprise anyone, and the whales played a role again.
Bitcoin was floating at positive 9% with $37,000 and more the trading was stable. But everything changed over the weekend when a wave of liquidations across off-shore trading venues sent the market tumbling to $30,000. Thus, the retail traders started panic selling. On the other hand, the whales saw an opportunity, moved towards the buying side, and started buying.
The whales started mass buying Bitcoin. They took full advantage of retail de-leveraging their assets. As the dip went down, further whales quickly bought more and more.
Disclaimer
The ideas and views expressed here are merely those of the author and do not necessarily reflect the opinions of Blockchain TradeIn. Moreover, every investment and trading option involves risk; you should conduct your own research when deciding.