/biz/ - Business & Finance

>>5751579
Notice how the volume spikes leave very little notice before the price goes up, it means that whales only accumulate/dump subtly beforehand by lots of small trades. In this case it clearly wasn't a dump. And even though the volume's much higher than it was last year (high 100s of BTC worth if you check Bittrex instead of sub 200 volume), recently there haven't been any major volume spikes like there was on the 31st which can mean whales aren't the cause for the pump; it's natural growth. It's also a good thing that the volume is trending upwards, since we'll be seeing more trade action and more ups and downs rather than stagnation as we approach the launch of Funfair in early Feb.