Whale Offload 8200 $BTC Activated Market Crash Chain

On-chain data has just recorded that a whale wallet has deposited a total of 8,200 BTC to Binance in just the past 2 days.

The frightening point of this big player is the extremely high credibility in pushing prices down. Every time this wallet moves BTC to the exchange, the price drops immediately afterward.

Looking at the chart, you can clearly see that the small sell-off phases coincide with the market's correction phases. In fact, just yesterday, after this wallet made a deposit, the price $BTC dropped over 3% in a flash.

For those trading Futures lately, be sure to set your Stoploss carefully and closely monitor this wallet, because if it continues to offload, the market will shake strongly.

This article is for reference only, it is not investment advice. Please read carefully and consider thoroughly before making a decision.

What Do You Think?

With such a massive offload, do you think the whale is taking profits or intentionally pushing prices down to accumulate at lower levels? Comment your thoughts below!