🚨 $299M+ $BTC JUST MOVED — WHO IS BUYING? 🔥
BTC pushed above $81K, but couldn't hold it and has now pulled back toward $79K. That's why I'm watching the whale activity and perp positioning even more closely.
Around 659 BTC worth ~$52M moved out of institutional exchange infrastructure. We also saw roughly 1,100 BTC ($87M) move to a Riot-linked wallet, around 1,000 BTC ($79M) move into custody and another ~1,030 BTC ($81M) Prime-related transfer.
I wouldn't call all of these whale buys. Some can simply be custody, collateral or internal movements. Still, seeing this much BTC move around institutional wallets is worth watching.
Hyperliquid is showing:
3252 longs vs 2098 shorts
1.55 long/short ratio
62.41% long vs 37.59% short
So positioning is bullish, but not crazy crowded yet.
👉 My take: bullish, but I'm still not fully bullish.
BTC still has to clear the $82K-$82.8K resistance, the previous major rally high. If BTC breaks $82.8K and holds the retest, I'll become much more confident about $90K-$95K.
For now, BTC is back near $79K, so I want to see how this pullback behaves before making any big call.
BTC pushed above $81K, but couldn't hold it and has now pulled back toward $79K. That's why I'm watching the whale activity and perp positioning even more closely.
Around 659 BTC worth ~$52M moved out of institutional exchange infrastructure. We also saw roughly 1,100 BTC ($87M) move to a Riot-linked wallet, around 1,000 BTC ($79M) move into custody and another ~1,030 BTC ($81M) Prime-related transfer.
I wouldn't call all of these whale buys. Some can simply be custody, collateral or internal movements. Still, seeing this much BTC move around institutional wallets is worth watching.
Hyperliquid is showing:
3252 longs vs 2098 shorts
1.55 long/short ratio
62.41% long vs 37.59% short
So positioning is bullish, but not crazy crowded yet.
👉 My take: bullish, but I'm still not fully bullish.
BTC still has to clear the $82K-$82.8K resistance, the previous major rally high. If BTC breaks $82.8K and holds the retest, I'll become much more confident about $90K-$95K.
For now, BTC is back near $79K, so I want to see how this pullback behaves before making any big call.
