Recently I was joined by one of the leading crypto on-chain analysts and also in-house Collective Shift analyst’s Checkmate, to discuss Bitcoin on-chain activity including the macro impacts on Bitcoin, bitcoin volatility, where to go from here for NFTs, and much more.
What I found interesting was the inverse price reaction between institutional investors (whales) and retail investors (mums and dads). Basically, as price decreased, longer-term holders & institutional investors were buying and retail investors were selling (and visa-versa).
This clearly shows through on-chain analytics, what sophisticated investors are doing and why they are winning vs retail investors who tend to buy at the wrong time and sell at the wrong time.