Large buying and self custody traditionally happens when prices are flat to lower

This is a sign of large buyers buying over the counter in blocks

What happens in a bull run typically, these buyers will start to slowly unload them on the market over many months on an exchange with an order book

Say it starts at 60k

They’ll wait for retail who just wants to smash buy

60,500 ask = retail bid/buy

62,000 ask = retail smash buy

And so on until they’re out of gas…

I’m from 2017 February, learned this as went from 200 to 20,000 USD within the year

With a decently slow July/august… then bang!

This is a sign of a repeated attempt at massive % gains