Here are 5 things that happened in last 24h that Binance Square didn't tell you:
*1. US Govt Just Dumped $1.48B BTC*
In last 3 days, US government wallets deposited 17,733 BTC to Coinbase Prime. Price fell 6.9% during that move. This is Bitfinex hack seized BTC. They are not HODLing anymore.
*2. Bitcoin ETFs Just Saw $485M Outflow In 1 Day*
Oct 7: Spot BTC ETFs lost $485M, ETH ETFs lost $160M. All 12 ETFs were red. This is biggest outflow since August. Why no one is talking?
*3. Ripple Just Started Serving $35B Hedge Fund*
Ripple Prime (made from $1.25B Hidden Road buy) is now serving Brevan Howard. $35B fund. This is Ripple's first mega client for prime brokerage. XRP army sleeping on this.
*4. $513M Liquidations - But 86% Were LONGS*
Yesterday $513M wiped. $283M from ETH alone. 86% longs got rekt. This was not a crash, this was long squeeze.
*5. XRP ETF Demand Dropped 94% In One Week*
XRP ETFs did $3.14M inflow on Oct 6, but weekly inflows fell to under $4.75M. Down 94%. Yet no one posted about it.
This is why $BTC is at $82,565 and not $90k.
*The market is not bullish right now. It's in DISTRIBUTION.*Are you buying this dip or waiting for $78k?
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