Not everyone is celebrating in the crypto market.
According to data I’m monitoring in real time, there is a long (leveraged) position of 2,450 BTC whose gains/losses dropped 89% in a short time even though the price of Bitcoin is rising. This usually happens when someone opened a leveraged position at a very specific point and the path to get there was more volatile than the position could comfortably withstand.
At the same time, Bitcoin spot ETFs are still showing net outflows this week; the price is going up, but the “big money” institutionally hasn’t returned with force to buy.
Together, these two signals (a whale under pressure + ETFs selling) suggest that this week’s recovery is more driven by smaller buyers or closing short positions, not by a new wave of institutional conviction.
This is analysis of public market data, not financial advice.
Do you give more weight to the price rising or to these signals below the surface? 👇
#Bitcoin #Ballenas #ETF #CreatorPad
According to data I’m monitoring in real time, there is a long (leveraged) position of 2,450 BTC whose gains/losses dropped 89% in a short time even though the price of Bitcoin is rising. This usually happens when someone opened a leveraged position at a very specific point and the path to get there was more volatile than the position could comfortably withstand.
At the same time, Bitcoin spot ETFs are still showing net outflows this week; the price is going up, but the “big money” institutionally hasn’t returned with force to buy.
Together, these two signals (a whale under pressure + ETFs selling) suggest that this week’s recovery is more driven by smaller buyers or closing short positions, not by a new wave of institutional conviction.
This is analysis of public market data, not financial advice.
Do you give more weight to the price rising or to these signals below the surface? 👇
#Bitcoin #Ballenas #ETF #CreatorPad
