$BTC got dumped pretty hard with two candles, literally in 10 minutes.
It's all about one address that completely dumped their entire balance into the market, which is about 24,000 BTC
According to related data, this is an organization that has more wallets with a total balance of 146,000 BTC (originally was ~170,000), which were received about 6 years ago from HTX exchange and remained inactive until yesterday's first transaction
This dump swallowed all Friday's positive momentum from Powell, and that's not a very pleasant picture. Although, alts remained stable during this and dominance didn't fly anywhere
Right now the critical level for me is the minimum of the dump 4H candle, which is around $110,500.
$BTC