Focusing on big numbers while ignoring exchange inflows is a sure way to become someone’s exit liquidity. The transfer of 4.12 million $BTW to Gate’s cold wallet is routine rebalancing, but ~$500K ($1.2 million) in fresh deposits during a pump from $2.15 to $2.64 is a huge alarm bell.
When one address deposits ~370K $BTW right in the middle of a rally, the whales are getting ready to unload into the order book.
Watch the deposits, not the exchange’s technical updates. Anyone chasing this pump at the highs risks becoming quick exit liquidity.
When one address deposits ~370K $BTW right in the middle of a rally, the whales are getting ready to unload into the order book.
Watch the deposits, not the exchange’s technical updates. Anyone chasing this pump at the highs risks becoming quick exit liquidity.