๐จ Big Bitcoin Move Detected!
Sequans Communications just transferred 970 BTC (~$111 Million) to Coinbase โ and the market is watching closely ๐
They still hold around 2,264 BTC (~$255 Million), but this transfer raised one big question: Is it a sale or just a custody shift? ๐ค
๐ Why It Matters
๐ฃ Large BTC transfers to exchanges often signal selling pressure โ traders fear potential dumps.
๐ However, it might simply be a custody reallocation to Coinbaseโs institutional vaults.
๐ต๏ธ No official comment yet, so traders are watching on-chain flows for the next move.
๐ก LACX Insight
๐น If this is a sell move, expect short-term volatility in BTC price.
๐น If itโs custody, the market impact may stay limited โ but sentiment remains cautious.
๐น Reduce leverage or tighten stop-losses until clarity emerges.
๐น Watch exchange inflows & whale wallets for confirmation.
๐ฅ #BTC #Bitcoin #WhaleAlert #CryptoMarket #LACXTerminal #Write2Earn #BinanceFeed #MarketUpdate
