- After Mt Gox transferred 12k $BTC - worth 840m$ to a strange address, the market immediately showed negative signals and $BTC dropped nearly 2000 in price.
- Then record the CVD - basically an index indicating the buying and selling force between exchanges, we can see that the#Coinbaseexchange and the BTC/USDT pair on#Binancehave a selling move (picture 1).
- But after checking more deeply in the#Binanceexchange data, the huge force after buying still has no move to sell, most of which are from smaller component orders. Combined with the#Bifinexfloor gathering of pro traders, it seems that the big guys are still not devastated by this information.
-Finally, with#CMEexchange data, $BTC has a gap around 70k-70k3, which 90% will be filled sooner or later!
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Source: Three Kingdoms Trading - GiaCashLuong
