Bitcoin Up or Down - November 12, 12:50AM-12:55AM ET

4 wallets with a track record of profitable trading are overwhelmingly betting on "Down", with $0 riding on it.

The price of 100% at this snapshot already lines up with the model's read of these wallets' bets — there's not much of an edge left here.

On average they got in at 89¢; the price was 100¢ at this snapshot — roughly 100% of their entry edge is already priced in.

Warning: wallets that backed "Down" are now net selling it — followers usually exit when the wallets they follow do.

Note: only $0 of qualifying stake backs this signal, so treat it with caution.

Over the last 24 hours, these wallets have been adding to this position (+$131, +$131 over 3 days) — a sign conviction is building.