Increasing Buying Pressure of the Top100 Richlist accounts

in blurtech •  8 months ago 

Guys, the situation does not stop surprising me, I firmly believe that the behavior of these whales, the top 100 Richest addresses on BTC, has something to do with the market trend and, even though we have broken the ATH again, these people continue to buy as if tomorrow's day did not exist.
Look, the following is a comparison of what these whales do, monitored since the last few weeks, essentially, the amount of BTC they buy in a weekly manner is simply 17 times higher than what they sell per week today.
Last week this ratio was 10:1 while at the beginning of October the Ratio was less than 2:1

image.png

It is a pity that I have not started this assessment a little earlier in time, we could really see how this behavior impacts on the price


@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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