Everyone thinks market dips happen out of nowhere, but actually, the warning signs are usually sitting right on the blockchain hours before retail notices.
Most traders end up buying what looks like a healthy breakout, only to watch their positions get crushed when hidden sell pressure hits the order books.
Think of exchange deposits like moving inventory from a warehouse onto store shelves right before a clearance sale. Over the last two days, a single entity transferred 40,881 $ETH worth roughly $100.7 million straight onto exchanges. In total, this player is offloading 51,387 $ETH valued at about $125.9 million.
When that much inventory suddenly floods the market, buy walls struggle to absorb the weight, often dragging down broader sentiment alongside $BTC . The address still holds 10,506 $ETH worth $25.52 million in reserve, meaning the distribution phase might not be entirely finished.
How do you usually track large on-chain moves before taking a trade?
#Ethereum #CryptoTrading #OnChain
Most traders end up buying what looks like a healthy breakout, only to watch their positions get crushed when hidden sell pressure hits the order books.
Think of exchange deposits like moving inventory from a warehouse onto store shelves right before a clearance sale. Over the last two days, a single entity transferred 40,881 $ETH worth roughly $100.7 million straight onto exchanges. In total, this player is offloading 51,387 $ETH valued at about $125.9 million.
When that much inventory suddenly floods the market, buy walls struggle to absorb the weight, often dragging down broader sentiment alongside $BTC . The address still holds 10,506 $ETH worth $25.52 million in reserve, meaning the distribution phase might not be entirely finished.
How do you usually track large on-chain moves before taking a trade?
#Ethereum #CryptoTrading #OnChain
