$BR UPDATE: The Transfer Was Followed by a Rejection
Sorry for the late update.
Gate moved 1.83M BR (~$1.77M) from cold storage to its hot wallet. Shortly after, private wallets pulled around 1.3M BR
($1.3M+) in multiple batches.
But here’s the important part:
$BR was rejected after those transfers and dropped back toward $0.84.
So while the exchange outflows looked like absorption, the price action didn’t confirm the bullish move.
#BR
Sorry for the late update.
Gate moved 1.83M BR (~$1.77M) from cold storage to its hot wallet. Shortly after, private wallets pulled around 1.3M BR
($1.3M+) in multiple batches.
But here’s the important part:
$BR was rejected after those transfers and dropped back toward $0.84.
So while the exchange outflows looked like absorption, the price action didn’t confirm the bullish move.
#BR
