Binance just acquired 5,860 BTC, marking a $400M investment as ETF outflows hit $500M daily. 😱
They're converting their full $1B SAFU fund into $BTC , starting with $100M (1,315 BTC at ~$77,409 avg). Now holding 15k BTC total. But no massive pump yet—price stuck sideways between $69k-$78k.
Daily whale selloffs average 2,000 BTC, completely offsetting the buys. In the past, similar $BTC purchases have led to a 20% supply squeeze within two months.
Current market volatility is pushing BTC's price action to remain sideways, risking further downside to that $74,500 support. Fear & Greed at 17 screams extreme fear.
History shows these big buys tighten supply eventually, but right now it's a grind. What’s your target for $BTC before the next leg? Drop it below! 🚀
BTCUSDT
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