Deep Tide TechFlow News, January 03, According to FinanceFeeds, CryptoQuant analyst pointed out: The interpretation of large-scale accumulation of Bitcoin by whale entities in the market may be exaggerated. The commonly used "whale accumulation" indicator, if not adjusted for distortions such as exchange wallets, can easily overestimate the true buying strength. This means that it is not currently possible to simply judge strong support or the establishment of a new bull market pattern based on whale inflows.
Analysis suggests that some data reflect changes or transfers in trading activity rather than pure long-term accumulation. Therefore, investors should not overly rely on this single signal to predict market trends.
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Deep Tide TechFlow News, January 03, According to FinanceFeeds, CryptoQuant analyst pointed out: The interpretation of large-scale accumulation of Bitcoin by whale entities in the market may be exaggerated. The commonly used "whale accumulation" indicator, if not adjusted for distortions such as exchange wallets, can easily overestimate the true buying strength. This means that it is not currently possible to simply judge strong support or the establishment of a new bull market pattern based on whale inflows.
Analysis suggests that some data reflect changes or transfers in trading activity rather than pure long-term accumulation. Therefore, investors should not overly rely on this single signal to predict market trends.