Whether this is bullish or bearish, I’ll wait for the market to have its say before commenting. My judgment has never been reliable anyway.
Here’s what happened: After being liquidated 8 times in a row, one address was involved in a total of 201 BTC, worth $15.6 million.
$BTC , keep an eye on whether the on-chain data for related projects picks up too.

This is not financial advice. Make your own trading decisions.