/biz/ - Business & Finance

>>29765888
Definitely comfy, based trips.
>>29765615
If you ever want to feel better (or worse?) about our situation check the transaction chart on Binance for LINKUP/LINKDOWN.

Whales are actively suppressing the market and taking advantage of favorable BTC rates to recoup their holdings after retail managed to pump the price into the mid 30’s. Have seen 2k+ LINK sell offers by whales buying into these leverage assets only to get bent over backwards by separate groups. Once retail puts in enough pressure we’ll see one final dip down ($16-18 scam wick) so whales can consolidate their holeings via stop loss orders or we’ll start moonng back to mid 30’s.

It’s interesting because OG’s here FUD link because the price in the short term doesn’t mean anything to them and they’re beyond jaded.. but newfags use the board as a determiner of what to purchase. Without newfag buying pressure it’s literally just whales trading with other whales while market movers wait to strike in either direction. Fascinating albeit not amazing for the price action in the short term