Crazy sell-off of 100,000 BTC! The masterminds are actually them! Comprehensive analysis of on-chain data from MigChain!
Market consensus is breaking down! All Bitcoin holding groups are surprisingly turning to sell simultaneously, a rare signal warning in history!
As a senior analyst deeply engaged in on-chain data, I believe that the current phenomenon of 'all-scale holders selling simultaneously' disclosed by Glassnode is extremely critical.
This is not just a simple profit-taking, but also a result of the resonance between market sentiment and macro liquidity—especially noteworthy is that the 10-100 BTC group, traditionally seen as 'strong holders' (often regarded as wise capital), has surprisingly become the leaders in selling, indicating that mid-to-long-term faith is shaking.
Looking back at history, similar situations occurred in November 2021 (before the bull market peak) and February 2018 (during a crash retracement), both followed by more than 50% level deep corrections.
Currently, the inflow of U.S. ETF funds is slowing down, and interest rate hike expectations are rising again, further exacerbating the selling pressure.
However, extremely consistent selling often also serves as a precursor to bottom formation.
If you want to catch market reversal signals as soon as possible, or want to know how to predict the main force's direction through on-chain data, feel free to follow my in-depth analysis channel—perhaps the next layout opportunity is hidden at the end of panic. #比特币巨鲸换仓以太坊
First-hand news determines victory or defeat! Click the avatar to follow Mig, ensuring you receive market fluctuations, major updates, and opportunity tips at the first moment!