Data Revealed: Whales Are Selling This Altcoin, But Short-Term Investors Are Accumulating

Cryptocurrency analyst Joao Wedson made remarkable statements about Uniswap (UNI) and the Bitcoin (BTC) market in his latest ￰0￱ short-term investors accumulate Uniswap, the share of the top 100 UNI addresses is declining, according to ￰1￱ suggests that Uniswap is moving towards a more decentralized structure by ￰2￱ also highlighted an important point for data enthusiasts: UNI's Metcalfe Ratio is on the rise ￰3￱ ratio measures the value of a network by comparing its market capitalization to the square of its active ￰4￱ to Metcalfe's Law, a network's value grows proportionally to the square of its user base. A low Metcalfe Ratio may indicate that the price is lagging behind as the network grows, potentially indicating a potential ￰5￱ Metcalfe Ratio: May indicate that the price has exceeded user growth, meaning there is a risk of ￰6￱ News: El Salvador Transfers Its Bitcoins to Multiple Different Addresses: They Have Issued a Statement Wedson pointed out some negative indicators on the Bitcoin side: BTC has lost its trendline in the Russell 2000 ￰7￱ the historically strong correlation, this could be interpreted as a potential bearish signal in the ￰8￱ Sharpe Ratio is below 2024 levels, indicating a weakening risk-return ratio and smaller price ￰9￱ has yet to break through historic highs in some fiat pairs such as BTC/EUR and BTC/RUB. *This is not investment ￰10￱ Reading: Data Revealed: Whales Are Selling This Altcoin, But Short-Term Investors Are Accumulating