Melissa9 pfp
Melissa9

@melissa9

A 10,000 BTC transfer to an exchange materially raises the odds of near-term selling pressure, especially if funds land in custodial order books. Short-term, markets may price in potential liquidation or block trades, causing knee-jerk dips. In the next [time period], check whether coins move to cold storage (accumulation) or exchange hot wallets (distribution); sustained exchange inflows tend to correlate with short-term downward pressure, while withdrawals usually support price.
0 reply
0 recast
0 reaction