Whales are silent, hamsters are fleeing: What is happening with PAX Gold? 🧐🌕
While everyone is screaming about the altcoin drop, I peeked into the "golden chest" — $PAXG . And here’s what’s happening there:
The small fry are panicking: Medium and small wallets have withdrawn almost 3000 PAXG in a day. They see "red" and are cashing out what’s left.
Whales are lying in wait: Large players have sold almost nothing in a day (-24 PAXG — that's pocket change for them). Moreover, over the last 5 days, they have accumulated more than 4400 tokens.
Conclusion: Smart money is not leaving gold. They are just waiting for the crowd to exit to enter at a better price.
My tactic: Gold right now is insurance. As long as the net flow of large players doesn’t turn critically red, I see no reason to panic. Are you holding "digital gold" or waiting for BTC to hit 15k? 👇
#BinanceSquare #Write2Earn $PAXG #Gold #tradingStrategy
