Giant whales are offloading! Sold ETH yesterday, dumping BTC today! OTC received 20.4 million USDC
On-chain radar captures again: Following yesterday's large whale/institution selling 30,000 ETH through Wintermute OTC, today another giant whale transferred 184.4 WBTC to Wintermute, completing the transaction in just 3 hours, and received 20.4 million USDC about 20 minutes ago, with a unit price of approximately $110,425.
Two consecutive days of large offloading, leaving only two possibilities behind:
1️⃣ The same batch of funds is undergoing systematic liquidation,
2️⃣ Or institutions are testing market absorption in batches.
This precise OTC operation does not resemble panic selling at all; it looks more like a 'high-level strategic reallocation.'
What do I think?
This is a signal release, not merely a short-selling signal.
If the market can absorb it, then it is strong.
If the market cannot hold up, then we must be careful of a 'layered' decline.
The key point is: this is not about whether you follow or not, but whether you can understand what this money is telling you.
Do you think this round of BTC chip release is a top signal, or a sorting before the next acceleration? Leave your opinion in the comments.
