Whale Holdings for Bitcoin just put in the largest spike in its history.
By a country mile.
Damn.
Whales have accumulated around 270,000 in the $59,000 area.
Every metric for Bitcoin accumulation right now is off the charts...
Just as ETF holders are capitulating and everyone is expecting $40k.
Whether you think the bottom is in or not, this kind of accumulation is unprecedented and signals nothing other than massive demand for Bitcoin at these prices.
A lot of people aren't equipped to understand this for various reasons but moves like this are necessary to create the conditions for the multi-week July rip we've seen for the last few years. The market likes to get everyone scared and offsides at exactly the wrong time. Watch.
@CryptoKaleo@saylor I understand and i think he is on steroids. Only when the market goes up, and it will. He will be the man. Market down he is the clown. Being Bullish KALEO we like