Over the 24 hours ending ~4:29 a.m. ET Tuesday, Binance-tracked wallets posted $1.822 billion in net inflows. This comes after the exchange resumed withdrawals on Sunday following its recent security incident. Total assets held in the tracked wallets now sit at $127.699 billion. (Net inflow = deposits minus withdrawals over a rolling 24-hour window not a single giant deposit.) #Write2Earn #TrendingTopic $BTC
While bears are trying to shake investors out of the market, one important technical indicator deserves attention.
The 200-Day Moving Average. Historically, during the early stages of bull markets, Bitcoin has retested this level and sometimes even dipped below it without necessarily ending the broader bullish trend.
Could we see the same scenario again? The 200D MA is currently being watched around the $73,000 zone. A deeper correction could shake out weak hands before the next major recovery. But remember, history doesnât guarantee a repeat.
Iâm watching this level closely. Panic creates opportunities, but patience and risk management matter. #Write2Earn #TrendingTopic $BTC
A whale has reportedly opened a $20 million BTC short position ahead of the US market open.The position is currently showing an unrealized loss of approximately $250,000, with liquidation reported near $84,680.A large position doesnât necessarily mean the trader has inside information.
For now, this is simply a whale position worth monitoring. The market will determine whether this trade is right or wrong.
BINANCE BTC WITHDRAWALS: THE $5.8 BILLION EXODUS THAT QUICKLY SLOWED DOWN
Nearly $5.8 billion in net outflows from Binance sounds alarming. But the on-chain data tells a much more interesting story.
After Binance reopened BTC withdrawals, approximately 5,977 BTC left the exchange in just the first hour.However, by 7 AM, hourly withdrawals had dropped dramatically to just 33 BTC.
Hereâs what the data reveals Around 17,502 BTC was withdrawn between 14:11 yesterday and 9 AM this morning, reaching more than 27,000 addresses.
⢠10,283 BTC, nearly 60% of total withdrawals, left within the first 3 hours. ⢠Withdrawal activity continued declining, reaching 569 BTC at 8 PM and just 116 BTC at 3 AM. ⢠Only around 1,033 BTC left during the following 6 hours. ⢠Activity briefly rebounded to 280 BTC at 8 AM as Asian markets woke up.
What does this actually mean? The initial wave was massive, but the withdrawal pressure cooled much faster than many expected.
This doesnât necessarily mean confidence has fully returned. However, the data suggests that the biggest wave of users looking to withdraw their BTC acted immediately after withdrawals reopened.
Another interesting detail The new withdrawal wallet now holds approximately 3,469 BTC, while the associated cold wallet still holds around 158,000 BTC.
Meanwhile, BTC has climbed back above $78K despite the reported $5.8 billion in net outflows.
My takeaway A massive exchange outflow doesnât automatically mean a market collapse is coming.Sometimes, the initial reaction creates more fear than the actual market conditions justify.The real question now is whether this was simply a temporary withdrawal rush or the beginning of a larger shift in market confidence.
Is Binance successfully managing the situation, or is the market simply waiting for Tuesdayâs US midterm developments?
A second liquidity sweep is potentially forming near the channel lows.I want to see Bitcoin take out the lows and sweep liquidity around $75K before any meaningful reversal.
Why? Because this is almost exactly how the June structure played out.
First, shake out the weak hands. Then reclaim the channel. And finally, push toward the channel highs and potentially beyond.
My expectation $75K liquidity sweep â Strong reversal â Channel reclaim â New upside expansion. The downside move could be the setup for the next major rally.
The last time $BTC formed this exact technical setup, Bitcoin went on to rally more than 400%. đ
Now, a similar pattern is appearing again. Could history be preparing to repeat itself? If this setup plays out again, the next major Bitcoin move could surprise the market.But remember, historical patterns donât guarantee future results.
A trader reportedly linked to the âTrump Insiderâ narrative has opened a massive $44.8 million $ETH short position using 20x leverage.What makes this move even more interesting?
He is reportedly known for an impressive winning streak, with no major trade misses throughout the year.
But the bigger question is-Is this just another high-conviction trade, or does this trader see something the broader market hasnât noticed yet?A position this large can certainly attract attention, but it doesnât guarantee that the trader is right.
Iâll be watching ETH price action, liquidation levels, and market liquidity closely.Sometimes the biggest signal isnât the position itself, but what happens next.
What do you think? Is ETH heading for another correction, or could this short become fuel for a massive short squeeze? CryptoMarket #Write2Earn #TrendingTopic $ETH
Watching how Bitcoin swept liquidity right at the range low is interesting.This could be the final local low before a potential reversal. The liquidity grab may have shaken out weak hands and trapped late sellers.Now the key is to watch how price reacts from here.If buyers step in and reclaim the range, we could see a stronger move to the upside.
The weekly Golden Cross has just appeared again, bringing back memories of the powerful rally we witnessed in 2024. History doesnât always repeat itself, but sometimes it gives us signals worth paying attention to.Could this be the beginning of another major bullish move for Bitcoin?
Bitcoin has been moving in remarkably consistent cycles.
Looking at the monthly chart: ⢠1064-day periods (green boxes) have repeatedly marked the major expansion phases ⢠365-day periods (red boxes) have consistently marked the major correction phases This pattern has played out multiple times across the last decade. Weâre currently sitting near $42,800. According to this historical structure, the next major expansion window is still ahead. Cycles donât repeat perfectly⌠but they often rhyme. What do you think is this cycle different? #Bitcoin #BTC #Write2Earn #TrendingTopic
Massive buy orders appear below Bitcoin, but does this mean it won't continue to fall?
It is reported that $BTC has over $80 million in buy orders between $78,000â79,000. Yesterday buying around 80K was filled, pushing the price to a brief rebound.
However, after the rebound the price started declining again indicating that spot demand may still be insufficient.
Remember: Limit orders do not equal real support. Large buy orders may be withdrawn or directly eaten up by selling.
If spot funds continue to stay out Bitcoin still has the possibility of further downside #Write2Earn #TrendingTopic