#MarketTurbulence
FLASHES CAUTION 🚨
BTC tapped $124K before sliding under $120K.
Now sitting around $118,336 — down 1.9% on the week.
On-chain data shows whale exchange ratios above 0.50, a level tied to short-term volatility.
Big holders are moving coins, but overall more BTC is leaving exchanges than entering — often an accumulation sign.
📊 Binance spot volume spiked to $7B in a day.
Retail activity is picking up, with short-term holders selling into strength.
Whales, though? Quiet.
Only 1,170 BTC inflows compared to 14,610 BTC during July’s drop.
The next few days decide if BTC steadies above $120K or heads for a deeper correction.