đAnd the whales? Theyâre not floatingâtheyâre bailing out.
Over the last 10 days, wallets holding 1,000â10,000
#BTC have shrunk by 2.7%, the sharpest decline since March. Thatâs not a âhealthy correction.â Thatâs a red flag coded on-chain.
đ Whale Shockwaves
A long-silent whale just moved 80,009 BTC to Galaxy Digitalâworth nearly $9.5B.
Within hours, 10,000 BTC landed on exchanges. Thatâs not diamond handsâitâs an exit strategy.
đŚAs @lookonchain noted:
âGalaxy Digital deposited 10,000+ BTC ($1.18B) to exchanges in under 8 hours. The BTC came from an OG wallet holding 80,009 BTC ($9.68B).â
đ Technical Breakdown
âŞď¸BTC sliced below its 100 EMA (4H).
âŞď¸The 20/50 EMA bearish cross is formingâclassic death cross setup.
âŞď¸Price is already down 6% from $123K ATH. Next support lies at $113K. If that fails, $90K is in play.
đ§ Analysts on Edge
âŞď¸Ali Martinez reminds:
âBest Bitcoin entries usually appear when realized loss margin = -12%. Currently at -8.25%.â
âŚď¸Ki Young Ju adds:
â30% corrections are common in bull runs. BTC dumped 53% in 2021 and still hit ATH.â
But this time? Whales arenât âcorrectingââtheyâre retreating.
đĽ Kiyosakiâs Warning
Robert Kiyosaki (âRich Dad, Poor Dadâ) posted:
âCrash indicators point to a huge stock market collapse. Good for gold, silver & BTC. Bad for Boomers with 401ks.â
He calls August the âBitcoin Curse Monthââpredicting a slide to $90K. Still, heâs preparing to double down:
âThe problem isnât Bitcoin. The problem is the $trillions in debt & the academics running the swamp.â
𧨠Retail Still Buying
As whales unload billions, retail keeps buying dips. But history shows: when whales dump & retail stacks, itâs usually retail that bleeds.
đŹ Closing Thought
This isnât just a dip. Itâs a coordinated retreat. Ask yourself: are you swimming with whalesâor waiting to get dragged under?
đ Like ⢠Share ⢠Comment
If this shifted your outlook, hit that like, drop your thoughts, and share with your crypto fam. Letâs make sure no one gets blindsided.
$BTC #BTCUSDT Perp: 118,141.8 (+0.37%)
#BitcoinBloodbath #WhaleMoves #CryptoReality