The giant whale starts dumping LINK! Should the retail investors be worried?
Do you see it? The big players have secretly dumped 400,000 LINK on Binance, cashing out nearly 6 million dollars! This move is quite intriguing——
Key information interpretation:
1. This wave has made a fortune: From last March to now, 12 million dollars in profit has been secured, with the highest unrealized profit reaching 39 million.
2. Gradual profit-taking: First sell 1/4 of the position to test the market, still holding 1.35 million LINK (worth 18.6 million dollars).
3. Skillful operation: Not dumping all at once to avoid triggering panic selling.
Insights for retail investors:
The big whales are taking profits, and you are still charging in mindlessly?
Remember: Just because the big players sell, it doesn’t mean you have to sell, but when they buy, you must pay attention.
Now the daily chart of LINK has shown a bearish divergence, indicating a high probability of short-term correction.
Operational advice:
Those with heavy positions can reduce their holdings accordingly.
Those looking to buy the dip should wait for a decent correction.
Long-term holders in spot trading can ignore the fluctuations.
Remember the truth:
In a bull market,
Those who can buy are the students,
Those who can sell are the masters!
Keep an eye on the movements of the giants to avoid taking three years of detours.
