Odaily Planet Daily News Cryptocurrency analyst Willy Woo said in a post on X: "If you want to understand what's going on, look at the BTC reserves of the exchange, it's a supply shock. I don't know who is buying, but short-term traders are selling Holdings to BTC buyers."
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Willy Woo: Short-term traders are selling BTC, exchangeBTC reserves are facing supply shocks
Odaily Planet Daily News Cryptocurrency analyst Willy Woo said in a post on X: "If you want to understand what's going on, look at the BTC reserves of the exchange, it's a supply shock. I don't know who is buying, but short-term traders are selling Holdings to BTC buyers."