woonomic on Nostr: The rally from 16k to 24k coincides with a new pattern emerging of stablecoins ...
The rally from 16k to 24k coincides with a new pattern emerging of stablecoins flowing into exchanges during work days only. Seems to me like the heat signature of large institutions doing the buying.
Timing of the inflows spans approx 16hrs, with the quiet zone being Asian work hours. This suggest it's Western institutions across US and Europe.
Published at
2023-01-31 09:48:12Event JSON
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"content": "The rally from 16k to 24k coincides with a new pattern emerging of stablecoins flowing into exchanges during work days only. Seems to me like the heat signature of large institutions doing the buying.\n\nTiming of the inflows spans approx 16hrs, with the quiet zone being Asian work hours. This suggest it's Western institutions across US and Europe.\n\nhttps://void.cat/d/FgK2DieYJXERgarhVb7S18.webp",
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