🐋《The Whale Moved》｜2025-08-19

📰 Major Positive / Negative News:

- BTC whale increased holdings by 1,521 BTC (about 179 million USD) through FalconX, showing strong institutional confidence (positive).

- ETH whale initiated a large transfer of 137 million USD, which may trigger discussions of short-term volatility (negative).

- “Sleeping Whale” released 378 million USD BTC to the market, potentially intensifying selling pressure.

📊 Long/Short Ratio (ETH):

- Coinalyze real-time data shows that ETH longs account for about 70.6%, shorts about 29.4%, with a long/short ratio of about 2.40 (bullish).

- Note: This ratio indicates the positioning structure at the account level, reflecting market sentiment in real-time.

🛂 Regulatory Dynamics:

- No new regulatory policies or major laws announced today.

💰 Capital Trends:

- BTC whale selling aligns with ETH whale transferring, increasing market volatility.

- USDT whale injected a large amount of stablecoins into OKX, possibly indicating a signal for market liquidity injection (previously mentioned).

🧠 Brief Commentary:

- The long/short ratio is significantly bullish, reflecting strong buying power in the ETH market; however, whale behaviors show both bullish and bearish actions, intensifying structural divergence.

- If whale activity continues to be active, the pace will change with capital dynamics; however, ETF and regulation remain the main direction.