...although that shouldn't be a problem either.
Two weeks ago, the whales, aka the top100 BTC Addresses were able to buy 206,000 BTC and sell about 18,000 BTC, so we had a BTC Bought versus BTC Sold ratio of 11.
However, during the last 7 days, these whales have bought 91,000 BTC and sold 4,000 BTC, so the reduction in traded volume by these large accounts is quite appreciable. That in itself should not have us worried, basically the BOUGHT/SOLD ratio has doubled with which we can say that the whales continue to accumulate, although more timidly at current price levels.
In my opinion, if we see that prices keeps rising and the RATIO goes down, which means that the BTC SOLD increase with respect to the BOUGHT, I think that it will be the indication of massive entry of retailers to the market again... at that moment we will have to be cautious and even if the price shoots up be ready for the debacle...until then, you don't have to worry if you are a short-term investor...if you are a long-term investor, as I am myself with BTC, obviously we don't care either if that happens although I will be careful with my shitcoins (LoL).
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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