The chart in front of you shows you two important things
The white line is the price of Bitcoin
The blue line is the amount of Bitcoin held by offices outside of trading platforms like ETF funds or large companies and institutions, which are the major investors, symbol OTC
What is happening in the chart
💥 The blue line decreases when offices are buying and pulling Bitcoin from their holdings, and when this happens, there is a decrease in supply, and we all know that a decrease in supply raises the price represented by the white line.
In short, the more the blue line drops, the higher the price rises, meaning the whales are buying and holding Bitcoin
Is it clear, guys?
Please interact strongly for this educational lesson