80,000 $BTC that had been sleeping for over 14 years suddenly moved…
and CT went into full panic mode as $BTC dropped nearly $2,000
But guess what?
It was just a wallet reshuffle. No dump. No drama.
Now that the FUD is cleared, BTC is already climbing back but that whole episode was just noise.
The real signal is that.. Open Interest delta is back in the green on the 30D and 180D.
Translation: more new positions are opening than closing = fresh money entering.
And whenever this flips positive.. like it did in Q4 2023.. it usually leads to a rally.
Not saying BTC goes vertical tomorrow…
but the chances of a solid Q3 move are getting stronger.
So what’s the play?
If $BTC runs, some alts will follow (not all).
Your job is to,
Go to CMC or Gecko → filter for alts that outperformed BTC during past uptrends → build spot bags → hold.
Ignore the next round of FUD. As long as new money is flowing in, prices will follow.
CC: @Alphractal for the charts