By the end of 2021, Bitcoin price drops below the $50,000 mark again and hits below $47,000 instead of the “predicted” Christmas rally. However, compared to the same of last year when BTC only priced at around $30,000, the increasing rate is still above 50%. Will BTC send us a “surprise” at the beginning of 2022?
66% BTC Holders are Making Money and Funds of Large Players are Entering into Bitcoin Market
According to the statistics from IntoTheBlock website, which provides a narrowed-down, simple view of some of the most relevant metrics for Bitcoin, it shows that over the past 7 days, 66% of the addresses holding BTC are making profits at the current market price. The total trading volume of transactions greater than $100K reaches $207.56 billion. And the total exchange inflows is $7.33 billion which is also more than that of the outflows which is $6.9 billion. To put it simply, a lot of money is still moving towards the BTC market.
The BTC Market is Experiencing Huge Fluctuations
Since the Christmas holiday, with low liquidity, the BTC market has been in the form of volatile price moves. A few days ago, the risk demand pushed BTC to $52,000, but it suddenly plunged $5000 in the past one week. It’s this kind of big fluctuations that attracts more traders and also makes it easier for traders to get profits.
Bitcoin Whales Now Account for 90% of Inflow to Exchanges
As you can see in the following graph, the Bitcoin exchange whale ratio has now exceeded values of 0.9. This means that the top ten transactions now make up for more than 90% of the inflows and more huge fluctuations in the price of BTC may soon be coming.
Why Can Someone Make 1000% ROI in the Volatile BTC Market?
The whales are taking action. It may be a golden opportunity to get profits. If you invest in a BTC spot, it will take you months or even years to make great profits, especially when you only have small capitals. And you can only buy up and wait for the rise to make a profit. For example, suppose you buy 1 BTC at the price of $52,000, when it slumps to $47,000 now, your assets have shrunk by 10.6%.
So how to make 1000% ROI in a relatively short period with small money?
BTC perpetual contracts trading with 100x leverage is a popular instrument that allows traders to profit on the market fluctuations. It enables investors to go long or short BTC price, that is both uptrend or downtrend are profitable. With 1:100 leverage, you just need to invest in 1 BTC to open a 100 BTC position.
Let’s take a look at how to get bigger gains with 100x leveraged BTC perpetual contracts.
Assuming that you use 1 BTC to open a 100 BTC short position when bitcoin was trading at $52,000. If BTC price goes as your prediction and drops to $47,000, the potential profit will be ($52,000 – $47,000) * 100BTC/$47,000 *100% = 10.38BTC, making the ROI 1038%.
With only 1 BTC invested, you can earn 10 BTC with up to 1000 ROI in a day!
Bexplus is a leading crypto derivatives trading platform offering 100x leverage futures trading on various trading pairs: BTC, ETH, ADA, Doge, XRP, etc. Bexplus doesn’t require KYC and is popular among over one million traders worldwide. In addition, it is safe for being accredited by MSB (Money Services Business).
BTC Wallet with 21% Annualized Interest
Bexplus also launches an interest-bearing BTC wallet. The wallet which is a highly secured offline storage system encrypted with multi-signatured technology. Deposit BTC in the wallet, you can enjoy up to 21% annualized interest. For example, if you have deposited 10 BTC, then your monthly interest is (10*21%/365*30)=0.17BTC
Learn Futures Trading with 10 Free BTC
Bexplus has specially offered a trading simulator account for every registered user. Upon registration, users will be given an actual trading account and a demo account. And 10 BTC is available in the demo account for you to practice trading freely.
Bexplus mobile app’s interface is quite simple and intuitive, but it covers all the necessary tools (real-time charts, a variety of indicators, news alerts etc.) and information for traders to keep abreast of the market. Also, you can trade anytime, anywhere with it.
To deposit BTC in the Bexplus account, you can earn a 100% BTC bonus, which can also be used to trade futures contracts. The more deposits, the more bonus you will get. You can get up to 10 BTC!
The post The BTC Market Inflows $7.33 billion in 7 Days, How to Take Profits Following the Whales? appeared first on Live Bitcoin News.
Source: Live Bitcoin News