đŠ $ETH WHALE CUTS LOSSES AS $51.7M IN DEPOSITS SIGNALS DISTRIBUTION đ„
The wallet that scooped 163,405 $ETH (~$440M) at $2,691 and 4,000 $cbBTC (~$296M) at $74,004 is finally showing stress. Two hours ago, 330 cbBTC (~$24.3M) landed at a major exchange and 12,000 ETH (~$27.4M) moved to an institutional desk. đ
$cbBTC sits near breakeven, so that exit is clean â but $ETH is still underwater, and this whale is cutting losses instead of praying for a reclaim. đ When OTC inventory starts hitting the bid at a loss, respect the supply overhead.
đŹ Deeper whale distribution unfolding, or just one big player de-risking before the next leg? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ETH #WhaleAlert #SmartMoney #Crypto
đïž đ
The wallet that scooped 163,405 $ETH (~$440M) at $2,691 and 4,000 $cbBTC (~$296M) at $74,004 is finally showing stress. Two hours ago, 330 cbBTC (~$24.3M) landed at a major exchange and 12,000 ETH (~$27.4M) moved to an institutional desk. đ
$cbBTC sits near breakeven, so that exit is clean â but $ETH is still underwater, and this whale is cutting losses instead of praying for a reclaim. đ When OTC inventory starts hitting the bid at a loss, respect the supply overhead.
đŹ Deeper whale distribution unfolding, or just one big player de-risking before the next leg? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ETH #WhaleAlert #SmartMoney #Crypto
đïž đ
