We have recently seen some huge gains in the Crypto assets after a long period of lull. I have already discussed this in my other piece on some of the factors that might have contributed towards this break out after a prolonged consolidation. It’s now time to see how this price action was materialized. Obviously, somebody was moving the money around in Cryptocurrencies. Like in other financial markets, there are bigger players like Big banks & Hedge Fund managers which control the price action in an underlying financial instrument solely because the amount of money they have parked in these…...
Did Crypto Whales kickstart the recent rally?
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