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RE: The Tuesday January 30th Afternoon Edition of The Cryptocurrency Novice Report
Whales are liquidating Steem, could they know something we dont, or they are just locking some massive profit, as Steem increased almost 10x for the last 2-3 months ? Also I think the alts are very dependant on BTC and it's movement, so nothing new here. I am guessing that the correction will continue. We are definitely not out of the wood :)
So far, no signs of it being dumped on the market. Whether they are send it out in a trickle or holding it in case they need to exit quick remains to be seen. I agree that we will see this continue for a while.
Interesting, when Steem is bot in SP , you are losing from inflation. Well we will see soon enough :)
Steem to the moon, lol