“Weak hands” refers to investors who lack conviction and are quick to sell their assets at the first sign of market volatility or downturns. These individuals typically react emotionally to market fluctuations rather than making decisions based on research or long-term strategy.In the context of crypto, weak hands contribute to price instability. When prices fall, they often panic and sell their holdings, exacerbating downward trends. This behavior can lead to significant price swings, as their selling pressure may create a cascade effect, prompting others to sell as well.On the other hand, “strong hands” are investors who maintain their positions despite market fluctuations. They tend to have a longer-term perspective and are more likely to withstand short-term volatility. Understanding the difference between weak and strong hands can help identify market dynamics and potential buying opportunities.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to