Bitcoin Whale Dem Inflow Don Increase As Daily Flow Dey Near ATH
Bitcoin whale dem dey put plenty money for exchange wey reach like $45 billion average from July 14–18, come from $28 billion before, show say dem dey cash out near the all-time high of $123,000. On-chain data talk say the 7-day SMA of whale transfers dey near 12,000 BTC, na the highest this year. But daily Bitcoin whale inflows don start to slow, e fit mean say the selling pressure fit cool down small and the near-term outlook fit clear. Bitcoin price just dey stable around $119,600 after the record high. Macro things like US housing data, PMIs, and durable goods orders no get chance to affect high-risk assets this week, while Fed go hold rate steady on July 30. The whole crypto market cap still dey near $4 trillion peak, don rise over 17% since beginning of the year. Tech earnings wey dey come and investor warnings like Robert Kiyosaki talk about correction fit happen if asset “bubbles” burst fit affect market sentiment.
Neutral
De rise for Bitcoin whale dem wey dey enter market dey show say people dey dey take profit and maybe dem go sell, but di recent slow down for daily whale inflows, plus beta macro environment—like say Fed fit hold rate—and di price dey stable around $119,600, dey point to balanced near-term view. Traders suppose dey watch how whales dey move money and di tech earnings wey dey come, because how people feel fit change short-term market wahala, but longer-term market strong because of good year-to-date gains and high market capitalization.