Don't get carried away by optimism...still

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Just a few hours ago and, if you allow me my opinion, against all odds, BTC made a spectacular 5% rise that many of us have seen with hope.
The truth is that at this time, BTC has already lost half of that rise and the trading volume has faded again.

My explanation to this...

A single BITCOIN wallet makes its first and only transaction and buys 52,000 BTC at once.
The guy has been able to rank 13th in the top 100 BTC Wallets and move the market upwards on his own.

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https://bitinfocharts.com/bitcoin/address/3ARLCnTLVrVgMDLes3En4w99WxPWmk7PqV

The majority of the Top100 active BTC wallets are selling, so you have to be careful before believing that the continuation of the BULL market is a reality, we need many more wallets buying, smaller amounts if you want, but with enough security to reaffirm the rise.

Stay safe.

@toofasteddie

*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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13 comments
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This is whale absolutely indeed buying all that BTC. I wonder if that's the most for one transaction. I remember the pizza man, he transfer 20,000 BTC !

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52000 is no joke amount. Ishhh!

Others are selling? Interesting, selling into alts maybe. Because I see no sense in selling into fiat especially for someone who has tasted the freedom in crypto

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May be, you can only see that there are Transactions going out those wallets only

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optimism ? that rarer than unicorn poop these days :))

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