๐ณ *Whale Alert: 800 BTC Deposited!* ๐จ
Just 30 minutes ago, a whale wallet labeled *3NVex* moved a total of *800 BTC (83.73M)* into *#Binance* and *#C.....* ๐ผ๐ฃ
๐ *What does it mean?*
- *Deposits to exchanges* usually raise *sell-off concerns*, as it signals possible intent to liquidate or rebalance ๐งฏ
- However, *C......* is also a custody provider โ so it might just be for cold storage or OTC transfers ๐ฆ
๐ *Market Reaction?*
- No sharp price dip *yet*, which suggests the market is absorbing the move or it's not an immediate dump.
- But short-term volatility โ ๏ธ could increase if other whales follow suit or if this triggers FUD.
๐ *Prediction*:
- If BTC holds strong despite this deposit, it shows strong market resilience and absorption.
- But if BTC starts dropping and funding flips negative, we could see a *mini correction* near-term.
๐ง *Pro tip*: Stay cautious, donโt chase pumps or panic on dumps โ let the price action confirm direction.
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