#cryptoinvestigations
cryptoinvestigations
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Hollywood gets schooled: when the wealthy and powerful get caught with their hands in the crypto cookie jar, the ripple effect on price can be explosive.
THE SIGNAL:
$11 million diverted to crypto has a name and a face - 47 Ronin director Carl Rinsch - but what about the real question, what about the whales with the means to swing millions in market cap? I'm tracking on-chain activity where whales are stashing their ill-gotten gains. #cryptoinvestigations
THE INTERPRETATION:
A high-profile case of crypto embezzlement can trigger a wave of selling pressure as investors question the integrity of the asset class; but I believe this could be an opportunity for smart money to accumulate at the dip, setting the stage for a powerful bounce.
THE WATCH LIST:
Monitor the 3-day moving average on BTC, as a sustained break above would signal that the whales are buying up on dips. #BTCtechnicalanalysis
What moves will the whales make next, and how can you use this information to your advantage?
THE SIGNAL:
$11 million diverted to crypto has a name and a face - 47 Ronin director Carl Rinsch - but what about the real question, what about the whales with the means to swing millions in market cap? I'm tracking on-chain activity where whales are stashing their ill-gotten gains. #cryptoinvestigations
THE INTERPRETATION:
A high-profile case of crypto embezzlement can trigger a wave of selling pressure as investors question the integrity of the asset class; but I believe this could be an opportunity for smart money to accumulate at the dip, setting the stage for a powerful bounce.
THE WATCH LIST:
Monitor the 3-day moving average on BTC, as a sustained break above would signal that the whales are buying up on dips. #BTCtechnicalanalysis
What moves will the whales make next, and how can you use this information to your advantage?
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