- Whale accumulated 1,750 BTC from Binance in the past two days.
- SEC warns the crypto community – ‘Say “NO GO to FOMO”’
- If BTC breaks out from the bear flag, it may fall to $38K for support.
Lookonchain, a market analytical platform reported that a Whale accumulated 1,750 $BTC ($76.9 million) from Binance in the past 2 days at $43,953. This whale activity comes at the crucial stage where the market anticipates the BTC ETF approval.
Additionally, this smart whale accumulated 6,000 $BTC ($158.66 million) at $26,444 from August 24 to September 2 and then deposited 3,000 $BTC ($105.7 million) to Binance at $35,241, making $26.4 million.
When the whole crypto community has been hyped about a BTC ETF approval, the Securities Exchange Commission of the United States of America issued a FOMO (Fear Of Missing Out) warning.
An excerpt from the SEC’s “Say ‘NO GO to FOMO’” states:
And, just because others around you might be buying into these kinds of opportunities, it doesn’t mean you have to. Not every investment opportunity is right for everyone. Resist temptation and remember our phrase, “NO GO to FOMO.
The above statement from t…
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