Spot BTC Risk Analysis – August 8, 2025 (15:00 UTC)**

Bitcoin (BTC) is facing potential short-term downside risk as significant whale activity has been detected. In the past hours, multiple large BTC transfers—worth over **$280 million**—have been recorded moving to centralized exchanges, including **Bybit**, **Coinbase Institutional**, and **Kraken**.

Historically, such large inflows to exchanges are often interpreted as a sign of **increased sell-side pressure**, as whales may be preparing to liquidate holdings. This pattern can lead to higher volatility, especially if sell orders are executed rapidly in thin liquidity zones.

- Over $280M in BTC transferred to exchanges recently.

- Main destinations: Bybit, Coinbase Institutional, Kraken.

- Potential signal of upcoming selling pressure.

- Traders should watch for increased volatility and potential support-level testing