Millionaire Bitcoin Whale on Bitfinex Not Convinced of Crazy 46% Rally
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Millionaire Bitcoin Whale on Bitfinex Not Convinced of Crazy 46% Rally

THELOGICALINDIAN - Over the accomplished ages Bitcoin BTC has exploded college The arch cryptocurrency afterwards bottoming at 6400 in the average of December has surged by about 50 surging as aerial as 9550 aftermost week

Despite this, there are some that are currently agnostic of the advancing rally. One such (claimed) agnostic is J0e007, the best assisting banker on Bitfinex’s leaderboards.

Who is J0e007?

If you’ve been on Crypto Twitter at all over the accomplished few months, you acceptable apperceive of “J0E007,” spelled with a “zero” not with an o.

Just a few months ago, he didn’t accept an online presence. But anytime back arch cryptocurrency barter Bitfinex implemented a leaderboard that allows one to articulation their profits (or losses) to a Twitter account, he has become one of the Bitcoin space’s best arresting names.

Per abstracts from said Bitfinex leaderboard, which abandoned contains traders that accept absolutely accustomed their consent, J0e took $14.4 actor account of profits in December 2024 and about $7 actor in the aftermost ages alone, assault anybody abroad called on the Bitcoin trading leaderboard.

Not abundant is accepted about J0e added than his agenda moniker and the actuality that he makes absolutely a bit of money trading Bitcoin.

He Isn’t Convinced Of Bitcoin’s Rally to $9,000s

Unlike the top traders on Wall Street, J0e007 is absolutely aboveboard about his thoughts on his investments. On Sunday, he debated one “DankCoiner22” about trends in the Bitcoin market.

When asked if he will be “one with the trend” already Bitcoin break out of the account ambit it is ashore in ($9,500 is arguably the top), the banker responded by advertence that “trends don’t magically ‘happen’.”

He added that trends are formed by “supply/demand imbalances and backed by authorization in/out-flows,” which may accord addition with the appropriate advice a attending into which way a bazaar can arch in the abreast future.

https://twitter.com/J0E007/status/1224050877822009344

J0e007 connected in a after cheep that “I’ll accept it aback I see the authorization inflows,” suggesting that he isn’t seeing the bazaar abstracts to aback Bitcoin’s 50% assemblage in the accomplished 50-odd days.

He affirmed this added bottomward in the aforementioned Twitter thread, acquainted that the Tether’s flatlining bazaar capitalization is “hard to explain from a position that we’re in the average of a new balderdash market” and that Grayscale’s arrival abstracts doesn’t argue him there is abundant appeal to blot the mined supply.

https://twitter.com/J0E007/status/1224057767067037696

J0e007 is conspicuously one of the alone arresting traders bearish on Bitcoin at the moment, yet the admeasurement of his accomplished profits may outweigh the actuality that he is in the minority.