Bitget Is Pulling Millions of $BTW Off the Market.
Bitget just moved another 5.57M $BTW (~$1.92M) into cold storage, only 9 minutes ago.
Earlier, 3.06M BTW (~$1.21M) was also moved to cold storage.
That’s nearly 8.6M BTW and $3.1M+ removed from Bitget’s active wallets in just 12 hours, with additional transfers taking the total close to 11.9M $BTW (~$4.25M+).
Price has been holding around the $0.34 area. Interesting exchange flow to watch from here.
$GPS Is Seeing a Very Different Kind of Exchange Flow
About an hour ago, OKX Blockdream moved 48.6M #GPS (~$752K) to Binance.
Normally, a transfer like that would raise dump concerns. But Binance then moved 121.4M $GPS (~$1.88M) straight into cold storage more than 2.5x the original deposit.
Meanwhile, $GPS has jumped 46% in 24 hours, from $0.0106 to $0.0155.
We called $H at $0.08. It just crossed $0.16 and whales still aren’t selling.
Private wallets are still moving heavy size. I just saw another 1.5M $H ($215K) shift between private addresses, showing off-market positioning hasn't stopped despite the pump.
KuCoin’s order books are being drained. In the last 18 hours, KuCoin was forced to tap its cold storage Vault twice, injecting 3M $H ($405K+) into hot wallets just to keep up with the explosive trading and withdrawal demand.
$H Up 37% Since Our Alert: Tracking the Smart Money Trail
A few days ago, I posted about Gate moving 12M #HUSDT into cold storage at $0.086. I said to watch this coin.
Yesterday, a whale pulled a staggering 25.6M $H ($2.32M) completely off Bybit into a private wallet.
This massive supply shock helped fuel today’s leg up.
In the last 7 hours, a 5M $H chunk ($594K) was carefully routed through three separate private wallets before finally hitting Gate’s hot wallet likely a whale securing profits after the 37% pump.
More importantly, since the large 30M $TUT movement 3 hours ago, liquidity on the chart has shifted toward the upside and TUT's trading structure has started improving.
Fed Governor Lisa Cook warned that if inflation remains stubbornly high, the Federal Reserve may need to raise interest rates instead of waiting for inflation to return to the 2% target.
Cook backed holding rates steady in July but emphasized that persistent inflation remains a major risk. $DIA
Meanwhile, Minneapolis Fed President Neel Kashkari also called for gradual rate hikes to keep inflation under control. $ZEC
Markets will be closely watching upcoming inflation data for the Fed's next move. 📊🇺🇸 $HYPE