Whales Move $120M in BTC to Exchanges.

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Large wallets have moved over $120M worth of $BTC to centralized exchanges in the last 24 hours — usually a sign of potential short-term selling pressure.

📊 Funding Rates Turning Negative

Across major exchanges, funding rates flipped to mild negative, indicating traders are preparing for a downside move or a correction.

🔥 Derivatives Market Heating Up

Open interest jumped by 6%, suggesting a big volatility move is coming. Traders are positioning heavily around the $85K–$87K zone — expect momentum shifts.

⚠️ CME Gap Alert

A new CME gap near $84,900 has formed. Historically, BTC revisits these zones quickly, increasing the chance of a downward wick.

💹 Bullish Data Still Strong Long Term

Despite short-term pressure, on-chain data shows miners reducing sell pressure, and ETF inflows remain positive — long-term structure remains intact.

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