🚨 $BTW UPDATE: EXCHANGE INFLOWS ARE ACCELERATING
Over the past 7 days, BTW supply on exchanges has increased significantly.
🔴 MEXC: +164% (+12.05M BTW)
🔴 Gate: +27.7% (+101.3M BTW)
Coins are flowing directly into deposit addresses across Gate, MEXC, and Bitget, with transfers ranging from $100K to $1M.
Meanwhile, $BTW pushed toward $1.80, while whale longs still hold around $109M in positions, with 78% reportedly in profit. 👀
Spot supply is increasing while leveraged longs remain heavily positioned. If selling pressure builds, volatility could rise. If buyers absorb the incoming supply, the picture changes.
This divergence is worth watching closely.Exchange inflows don't automatically mean selling, but the trend deserves attention.
#Macro Insights# #BTW
Over the past 7 days, BTW supply on exchanges has increased significantly.
🔴 MEXC: +164% (+12.05M BTW)
🔴 Gate: +27.7% (+101.3M BTW)
Coins are flowing directly into deposit addresses across Gate, MEXC, and Bitget, with transfers ranging from $100K to $1M.
Meanwhile, $BTW pushed toward $1.80, while whale longs still hold around $109M in positions, with 78% reportedly in profit. 👀
Spot supply is increasing while leveraged longs remain heavily positioned. If selling pressure builds, volatility could rise. If buyers absorb the incoming supply, the picture changes.
This divergence is worth watching closely.Exchange inflows don't automatically mean selling, but the trend deserves attention.
#Macro Insights# #BTW