Warning! In the past 24 hours, over 70,000 BTC have been dumped into exchanges. On the eve of December 11, is the whale holding back a big move?
The latest on-chain data (verified by Whale Alert, CryptoQuant, and Glassnode in the past 24 hours):
Net inflow to Binance: 35,290 BTC, and over 30,000 BTC to other exchanges!
A total of 71,516 BTC, worth over $6.5 billion, all from cold wallets and OTC big players, a solid whale-level operation!
This scale of inflow has directly set a new daily high since November.
Many are already scared, shouting, "It's going to crash" and "Big players are running away."
But I tell you a more terrifying fact: a significant portion of this batch of BTC comes from institutional custody addresses and ETF-associated wallets. They don't just want to sell; they are "loading their bullets."
Why now?
Because the day after tomorrow (December 11) at 3 AM is the last Federal Reserve meeting of the year + economic projection dot chart + Powell's speech!
Three scenarios:
1. Cut by 25bp + dovish dot plot → liquidity will explode, BTC reaching 100k+ is not a dream.
2. Cut by 25bp + hawkish dot plot (reduction in rate cuts for 2025) → short-term drop to 85k-88k before buying the dip.
3. Unexpectedly no cut/pause → directly reenacting the flash crash of December 2022.
Whales are moving coins to exchanges just for that moment to "sell out" or "eat orders" immediately, cutting losses for retail investors.
The entire market is holding its breath:
- Fear and Greed Index at 24 (extreme fear)
- Stablecoin USDT has just surpassed a new high of 190 billion, bullets are loaded
- BlackRock's ETF outflow this week is 878 million USD, seemingly reducing positions, but secretly absorbing OTC
In summary:
On December 10-11, Bitcoin will either rise or fall; it will not let you sleep. For those holding coins, think about your stop-loss/buying position; for those in cash, keep your cash ready, don't rush now. A storm is coming, but after the storm often comes the rainbow. Starting tonight, 24 hours without sleep, I'll be with you until the Federal Reserve! Pass it on, let more people see this big show! $BTC
