#Binance transferred 2,242 $BTC worth more than $130M from cold wallet to the exchange today.
Yesterday #Binance also transferred nearly 3000 $BTC to the exchange evenly from morning until 5pm (VN time) => BTC had a long kill in the 59k-60k range, Altcoin decreased from 10%-30% (depending on coin strength) then slightly turned green again.
The signal to deposit $BTC to the exchange for me is not a good sign. The non-farm news on September 6 last month, the market had a flash dump then flew strongly.
Traders can wait for the dump and close the position as soon as there is a profit => I do not recommend you to hold long at this stage.
Regarding port spot, I am still waiting for a strong dump or even a crash to put in the remaining money.
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