$BNB Binance has recently absorbed over 35,000 bitcoins, which is not a good sign. From the end of October until now, this wave of inflow to exchanges clearly indicates that large holders are preparing to sell. Now $BTC has barely climbed back to $95,000, but the market's fear index still remains at a very low level of 14, making this rebound seem more like a trap to lure in buyers.

Historical experience tells us that a surge in inflow to exchanges usually foreshadows an impending sell-off. The potential selling pressure of 35,000 BTC, equivalent to about $3.3 billion, is enough to build a solid wall against any rebound. Although there are $14 billion worth of stablecoins waiting on the sidelines in the market, in the short term, the sell orders from these whales are the dominant force.

The strategy is clear: wait for $BTC to rise to the range of $95,300 to $95,600, and then decisively short. The target is to see below $93,000, where there is a lot of liquidity waiting to be harvested. This is not about chasing highs and cutting losses, but a high-probability strike based on on-chain data.

BTC

95,578.39

-0.54%

BNB

934.96

-1.11%

XRP

2.2739

+0.62%