$ZILUSD - Accumulation & Distribution

A summarised understanding of Zilliqa's ZIL accumulation and distribution events taking place.

Accumulation 1: 33.2B moved.

Accumulation 2: 61.9B moved.

Distribution 1: 23.1B moved.

A simple takeaway here is that we're seeing a decrease in the movement of ZIL, which to me is a bullish sign aka hard core hodlers aren't bulging, while profit takers are profit taking, and there will be a point where they'll realise it's time to stop profit taking and let price appreciate, so that they can profit take later~
Trend Analysiszilusd

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