$BILL looks weaker every day.
The team's wallet, which previously sent 50M $BILL to Bitget right before the local top, continues to dump.
Now, over the past week, another 100M $BILL has been transferred to the exchange.
The last signal ended with a drop of over 40%.
Now, the volume of transfers is just increasing.
With rising supply, the chart structure is starting to deteriorate, while sell volumes are on the rise.
Buying here out of emotion means buying what the team is actively distributing in the market.
This rarely ends well.#BerkshireHeavilyIncreasesAlphabetStake #JapaneseSecuritiesFirmsCryptoInvestmentTrusts #VerusBridgeHack11.58M #NCUAProposesStablecoinIssuerRule BitcoinETFsSee$131MNetInflows#SpaceXEyesJune12NasdaqListing
The team's wallet, which previously sent 50M $BILL to Bitget right before the local top, continues to dump.
Now, over the past week, another 100M $BILL has been transferred to the exchange.
The last signal ended with a drop of over 40%.
Now, the volume of transfers is just increasing.
With rising supply, the chart structure is starting to deteriorate, while sell volumes are on the rise.
Buying here out of emotion means buying what the team is actively distributing in the market.
This rarely ends well.#BerkshireHeavilyIncreasesAlphabetStake #JapaneseSecuritiesFirmsCryptoInvestmentTrusts #VerusBridgeHack11.58M #NCUAProposesStablecoinIssuerRule BitcoinETFsSee$131MNetInflows#SpaceXEyesJune12NasdaqListing