Insights Pulse Insights

Feb 22

Watching retail in ANKR as an indicator 22-02-23, 17:12

On top of exciting news, the following has to be observed.

Small holders balance change, this could be a worrying sign if they start skyrocketing.

Source: Sanbase

Not there yet (red line). They were surprisingly smart to buy the bottom by the way.

Why? Because the crowd likes to get in massively in the final stage of the pump.

The global interest is understandable, but if we start seeing divergences in price pushing up and new inflow (the network growth and daily active addresses) going down, you know what it might mean.