SwitchBranch

Bitcoin whales buying bottoms

BINANCE:BTCUSDT   Bitcoin / TetherUS
This is an idea published by Benjamin Cowen on his youtube channel called "whale games". I have published it here in order to see how it progresses over time.

Essentially, whales 103 through 114 (at least that is where they stand at the current time of writing, and are likely one person seeing as all wallets have the exact same amount in them and buy at the exact same time) have been buying bitcoin at macro low points over the past 4 years. They do not DCA, they simply scoop up large amounts of bitcoin when the market is down, they purchased the 2018 bottom, the 2021 bottom and have made a third purchase yesterday at around 30k. Has this whale bought the bottom once again? Time will tell.

You can view these wallets on the bitinfocharts website.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.