Hardware Wallet vs Software Wallet 🔐
In risk-off environments, Hardware Wallets perform better due to the recent hacking of exchanges; investors moved their assets off exchanges, reducing selling pressure in the short term. Software Wallets perform better in liquid markets due to rapid access and quick responses ⚡
Watch: exchanges and security updates.
On-chain: large outflows = accumulation; large inflows = distribution?
Trading: I keep key bags in hardware wallets and smaller sizes in software wallets for entries and scaling up on dips near support levels 🚨#US Bitcoin ETFs see outflow #Crypto liquidations surge #Crypto market drops sharply $XAUT $BTC $KCS
