Breaking: Americans Begin Massive Sell-Off of BTC! Meanwhile, Major Players Start Positioning Billion-Level Short Positions
Yesterday at noon, when ETH was at 3050 and BTC at 122500, at the peak of market FOMO, we had already given everyone an early warning. Now the whales have taken action and positioned billion-level short positions.
1. In the past 20 hours, the ancient whale wallet that has held positions for 14 years has shown unusual activity, with a total of 30 transactions moving Bitcoin in and out, amounting to tens of billions of dollars. Please note that Americans have started selling coins!
2. The majority of the transfers went to Galaxy, which then sold a large amount.
This company is a compliant cryptocurrency institution in the U.S., having just gone public on NASDAQ in May. Galaxy manages platform assets of approximately $7 billion and provides cryptocurrency services (OTC trading, market making, lending, staking, self-custody, asset management) to over 1,300 institutional counterparties.
3. Data collected across the network: BTC and ETH whales have begun positioning large short positions, reaching a billion scale on the 4-hour timeframe.
4. During this period, the coin price may experience pullbacks and rebounds, but their goals remain unchanged.
I have said before: Wall Street cannot control everything. The market-making tactics and leveraging strategies you all use, we have used before.
