@DorianxDarcy@sunny051488 "You can then borrow against your BTC too to buy more BTC or do other fiat things"
And then trigger a liquidation event when it drops -30% from your purchase price. Nice idea.
@QuintenFrancois@cryptoquant_com Does this account in rotations from exchange and mm wallets? If so the chart is pointless. Its not whales accumulating, but actually exchanges and mms like wintermute dumping the whole market while liquidating leveraged traders and buying the market back up at cheaper prices
@CarlBMenger Because it is not. It’s exchanges and marketmakers like wintermute drawing charts on sentiments to hunt for leverage and stock on cheap. Check 48 hrs transfers from to wintermute from exchanges