Ethereum in the face of a huge wave of whales
The chart above indicates a huge influx of 82,000 Ethereum to derivatives trading platforms, an amount that makes us wonder: Are big whales preparing to hit the market with a vel of volatility? Or are they just testing the power of the heart of small investors?
A quick look at the drawing reveals that the flow of this large amount of Ethereum into derivatives platforms cannot be easily ignored. According to history, these large flows are often preceded by fluctuations in the price of Ethereum, and specifically, complex corrections and possibly downs on small time frames, that is, their effect will be limited to only two or five hours. Focus on the word usually, because it may also be a test as we said to the hearts of investors only.
What does this mean for investors?
The effect of these huge flows is usually increased selling pressure, as some believe that adults are preparing to monetize their assets or exploit volatility to earn quick profits. These repeated patterns tell us to be careful but without panic, and be ready but without fear, to go down until you buy from deeper areas.