BINANCE $BTC RESERVES JUST FLASHED A WARNING
Binance $BTC reserves spiked to ~667,500 $BTC — highest since February, up from ~616K in April.
If reserves keep climbing while price bleeds, that's exchange supply stacking up. Classic sell-pressure setup.
Watching this closely. More breakdown coming.
Binance $BTC reserves spiked to ~667,500 $BTC — highest since February, up from ~616K in April.
If reserves keep climbing while price bleeds, that's exchange supply stacking up. Classic sell-pressure setup.
Watching this closely. More breakdown coming.