Another BTC in the wall šŸ§±

Last month's staggering Bitcoin gains have created a queue of investors moving BTC to exchanges and opening sell ordersā€”which is bound to create some volatility.

Author

Stacy Elliott
December 04, 2024

šŸ“ What you need to know

Sure, social media is littered with investors claiming to have diamond hands and proudly proclaiming to HODL their Bitcoin.

But thereā€™s no ignoring that more than $200 million worth of BTC flowed onto exchanges in the past day and thereā€™s a mounting pile of sell orders waiting to be executed. Paper hands, much?

The good news is that the impending volatility hasnā€™t dimmed the outlook for altcoins. In the past day alone, TRON and BNB have set new all-time highs. And Monero has climbed to a 2-year high.

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