A Whale Just Accumulating $WAVES / $BTC ! Should You Follow?
WAVES is just one of my favorite big cap, because it's no doubt having a good fundamental and it's quite cheaper and easier to create token on WAVES network. As it ranked #41 right now with only 100 millions circulating supply. Quite reasonable.
I see big volume buying WAVES right now on Binance as I can measure that WAVES already meet the bottom line of line. This kind volume mostly from an institution such hedge fund or investment bank which normally don't really like the volatility and love something that quite "stable" but don't want to affect the price as they are accumulating. This is quite general strategy of them, but at some point they just can't hide it all along because, some indicators, even basic indicators can caught them. Sometimes.
I believe that WAVES just like Stellar Lumens and some other project has been on the list of this this hedge fund / institutions / whale club portfolio list. And because of that, you should doubting the fundamental of WAVES anymore because it's ultimately legit right now, all you need to consider is: are you entering at the right time and the right price. Which by any means, I encourage you to follow this movement. Just follow the trend, they know what will happen in the next few months. Book you seat!
I see big volume buying WAVES right now on Binance as I can measure that WAVES already meet the bottom line of line. This kind volume mostly from an institution such hedge fund or investment bank which normally don't really like the volatility and love something that quite "stable" but don't want to affect the price as they are accumulating. This is quite general strategy of them, but at some point they just can't hide it all along because, some indicators, even basic indicators can caught them. Sometimes.
I believe that WAVES just like Stellar Lumens and some other project has been on the list of this this hedge fund / institutions / whale club portfolio list. And because of that, you should doubting the fundamental of WAVES anymore because it's ultimately legit right now, all you need to consider is: are you entering at the right time and the right price. Which by any means, I encourage you to follow this movement. Just follow the trend, they know what will happen in the next few months. Book you seat!