#OnChain #Analysis
Stablecoins Reserve and Whales Movement
Growing reserves and movements of whales
Tonight, (December 15, 2021), the final meeting of the Fed (FOMC) will take place, at which we'll hear whether tapering will be accelerated, and there are also rumors that they may announce a funds rate hike.
The movements of whales on the Bitfinex exchange and the growing reserve of stablecoins on all exchanges definitely hint that participants closely monitor the situation around the Fed (FOMC) meeting.
If the acceleration of tapering is announced, then Bitcoin as a risky asset is likely to fall into the clutches of bears.
BaroVirtual
