Bitcoin Up or Down - November 12, 4:50AM-4:55AM ET

7 wallets with a track record of profitable trading are overwhelmingly betting on "Down", with $383 riding on it.

The price of 99% 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 98¢; the price was 99¢ at this snapshot — roughly 100% of their entry edge is already priced in.

Over the last 24 hours, these wallets have been adding to this position (+$7,944, +$7,944 over 3 days) — a sign conviction is building.