Trading involves speculating on the fluctuation of the market price of an underlying asset without owning it. In summary, trading simply means predicting whether the price of a financial asset will rise or fall.
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A number of events expected for the coming week could impact the price of Bitcoin
👉 There will be a US Senate banking committee hearing on digital assets.
👉 BTC demand has been affected in the last week by the LIBRA hype and the Bybit hack.
🔴 There are several events in the coming week that, depending on their outcomes, could shake up the price of bitcoin (BTC). From conferences to financial reports to legislative developments, each of these events could influence investor behavior $BTC $ETH $XRP #BTCDipOrRebound
#VIRTUALWhale The term whales in cryptocurrencies is used to refer to individuals or entities that own a significantly large amount of a certain digital asset. For example, those who have bitcoin funds.
Crypto whales are key players who, with their movements, can influence the waves of the digital market. By concentrating so much power in a single figure, they generate volatility in the market and affect the decisions of other players and traders.
#VIRTUALWhale VIRTUAL whale, which had lost $5.02 million, bought back around 1.049 million VIRTUAL tokens
According to on-chain analyst EmberCN's monitoring, a whale address invested 419 ETH (approximately $1.14 million) in VIRTUAL tokens at an average price of $1.09 to buy 1.049 million VIRTUAL tokens.
This address had previously purchased 5.038 million VIRTUAL tokens at an average price of $2.76 recently and exited at $1.76, resulting in a loss of approximately $5.02 million. $BTC $ETH $XRP