So far, the tokens have NOT arrived at any exchange.
⚠️ BE CAREFUL: If that wallet starts depositing on Gate or Bitget, it could bring a much stronger selling pressure than the one from the unlock itself.
I already have the alert set for that address. Verify it yourselves on BscScan.
⚡ $BTW | Could there be a short squeeze before the unlock?
📍 Price: 1,421
🔥 According to Coinglass liquidation map (Binance, 1 day): • If the price rises to 1,58 (+11%), about ~$3,2M in shorts would be liquidated • The most crowded zone is between 1,45 and 1,52 • To the downside there is about half of the liquidity in longs
👥 On Binance, most top traders’ accounts are in short
🔓 Unlock: 101,70M BTW this night, 06:00 UTC (01:00 Colombia time) • Community: 60,24M • Ecosystem: 41,46M
What is a short squeeze? When the price rises, shorts have to close by buying. Those buys push the price higher and liquidate more shorts. The rally feeds itself.
📊 Levels to watch: 1,45–1,52 → densest zone 1,55–1,58 → end of the recent fuel 1,60+ → would need real buying, not just liquidations
When everyone expects the drop, the market often goes first to hunt the shorts.
📌 101.62M BTW ~$130M USD 📌 The circulating supply rises from 2.80B to 2.90B (+3.6%) 📌 Still 7.19B are locked (71.9%)
📊 What happened in the previous ones? • August 2: +32% • September 2: −7% at close, −20% at the day's low
⚖️ Key points for this one: • Who receives the tokens and sends them to exchanges → selling pressure. If they stay idle → the impact is smaller. • Positioning: most accounts are short, waiting for the event. When the drop is expected so much, the price sometimes rises first. • The big longs entered around 0.40 and are still up more than +200%.
I watch the vesting contract and the deposits on Gate. That’s where the direction will be seen first.