"BTC OG Insider Whale" Agent: The rise in silver and other precious metals is driven by a short squeeze; once prices start to fall, funds will flow into Bitcoin and Ethereum.
BlockBeats News, on December 24, the agent of "BTC OG Insider Whale" Garrett Jin posted that "the rise in silver, palladium, and platinum is mainly driven by short squeezes and is difficult to sustain.
Once these metals start to decline, it is likely to drag gold down as well. Funds will rotate out of the precious metals sector and flow into bitcoin and ethereum."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lumentum President, Global Business Units Wupen Yuen sells 1,500 shares for $1,420,690
Infinity Natural Resources Insider Bought Shares Worth $363,777, According to a Recent SEC Filing
Ci&T President of N. Am./Europe Ops Bruno Guicardi Neto acquires $16,044.48 in common shares
VWO ETF Declines 1.6%
Crypto prices
More
