BTC on-chain indicators: URPD: important information
71500-72800, a total of 697007 trapped chips, pay attention to the potential selling pressure of these 700,000 BTC
The two important main chip areas 25488-29858 and 41510-43695 defined by the marks in the picture had two major reductions in holdings from March 5 to March 6 and March 12 to March 13 respectively, with 160,000 chips respectively. and 120,000 pieces.
Supplement: The BTC on-chain indicator SOPR shows that there were indeed two instances of lower-cost chips taking profit-taking actions on March 6 and March 13.
Conclusion: We need to pay attention to the large-scale shipping action of the main force at the top. I personally generally regard it as a phased top signal. Note that it is a phased top. Refer to the callback from January 11 to January 23, which is also 25500-3w. Very large-scale shipments appeared in advance.$BTC