The whale is back, and this time it's to sell!
Just now, a big whale threw 400 large coins at Binance, which, based on the current price, could mean over $24 million worth of chips ready to crash the market at any moment.
What's more critical is that this whale is not new to causing trouble:
Since April, it has already sold off 6,900 BTC, and it still holds 3,100 coins, which could be released for sale at any time.
This is not just a transfer; it's a signal:
The market maker hasn't finished selling, and the market is not safe yet.
Remember, whether the price of Bitcoin goes up or down is often not determined by technical analysis, but rather by the emotions and rhythms of these big players.
What do you think? Is this wave a trap for shorts or a continuation of the washout? Feel free to share your thoughts in the comments section.
