$271M Whale Dump — But Smart Money Is Absorbing Everything
$271M dumped by whales on Sunday — biggest in months.
On paper: bearish.
On-chain: a completely different story.
+88K $BTC absorbed by long-term holders the same day
Accumulation wallets now holding 4.5M BTC
This is not panic selling. This is transfer of supply.
$BTC holding $72,100
50D EMA support: $70,609
Key resistance: $72,600
Sharpe Ratio just hit -40
Same signal that marked bottoms in 2015, 2020, 2023
Selling pr
essure is getting neutralized
Capitulation phase looks done
Flip $72,600 → macro trend shifts
Smart money is already positioned