đŁ $BTC MINERS JUST DUMPED $66M INTO THE BID â LIQUIDITY IS SAVAGE đ©ž
đ The capitulation bell is ringing. On-chain sleuths just flagged 1,019 $BTC â roughly 66.42 million dollars of raw mined supply â getting shoved straight onto a top-tier exchange. That's not a trickle, that's a floodgate ripping open. âïž
Miner overhead is the silent killer in this market. When energy bills outweigh the payout, the pickaxe gets dropped and the coins get tossed. This is textbook distress selling â the kind that punches through support levels like wet cardboard. đ
The bid is about to get tested hard. Every long resting below this zone is now a potential liquidity meal for the entities on the other side of that transfer. If buyers can't absorb this supply surge fast, the path of least resistance points down. đ»
Question is â are you positioning to catch the falling knife or waiting for the floor to actually form? đŹ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #BTC #Capitulation #MinerSelling #Liquidity #Crypto
đ©ž đ»
đ The capitulation bell is ringing. On-chain sleuths just flagged 1,019 $BTC â roughly 66.42 million dollars of raw mined supply â getting shoved straight onto a top-tier exchange. That's not a trickle, that's a floodgate ripping open. âïž
Miner overhead is the silent killer in this market. When energy bills outweigh the payout, the pickaxe gets dropped and the coins get tossed. This is textbook distress selling â the kind that punches through support levels like wet cardboard. đ
The bid is about to get tested hard. Every long resting below this zone is now a potential liquidity meal for the entities on the other side of that transfer. If buyers can't absorb this supply surge fast, the path of least resistance points down. đ»
Question is â are you positioning to catch the falling knife or waiting for the floor to actually form? đŹ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #BTC #Capitulation #MinerSelling #Liquidity #Crypto
đ©ž đ»