📉 Decline and Surrender of New Bitcoin Whales
Decreased Activity: The activity of "new Bitcoin whales" (large holders who recently entered the market) significantly declined yesterday.
Realized Losses: This group of investors recorded massive realized losses amounting to 386 million dollars in a single day.
Indication of Surrender: This collective selling is interpreted as a "surrender" by the new large holders.
📊 Analysis and Historical Indications
Short-Term Weakness Signal: This type of surrender is an indicator of short-term weakness in the Bitcoin market.
Indicator of Correction Phases: Historically, this behavior (surrender of new large holders) often appears in the later stages of market corrections.
Conclusion: The emergence of this surrender indicates that the current correction may be close to its end, not at its beginning.