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大户

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幻想
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I just saw that there is an address on-chain transferring 16 million $MERL directly to Bybit, but I actually think this might not simply be a "sign of a dump", but more like a large holder preparing for the next phase of market structure. A large concentration of chips entering trading platforms often means that top funds hope to utilize the emotional fluctuations brought by the unlocking period for liquidity capture: the more everyone worries about selling pressure, the easier it is for prices to be wrongly killed, and what large holders prefer is to "take chips, create depth, and reverse to push up" during panic. Such actions of this scale are, in themselves, a signal of proactive strategy: not avoiding volatility, but preparing to take advantage of it. Short-term sentiment will still fluctuate, but pay attention to Bybit's proactive order-eating rhythm. If there is a large order-eating + quick recovery of depth, it might actually be smart money preparing positions for a counterattack. #MERL #链上分析 #大户
I just saw that there is an address on-chain transferring 16 million $MERL directly to Bybit, but I actually think this might not simply be a "sign of a dump", but more like a large holder preparing for the next phase of market structure.

A large concentration of chips entering trading platforms often means that top funds hope to utilize the emotional fluctuations brought by the unlocking period for liquidity capture: the more everyone worries about selling pressure, the easier it is for prices to be wrongly killed, and what large holders prefer is to "take chips, create depth, and reverse to push up" during panic.

Such actions of this scale are, in themselves, a signal of proactive strategy:
not avoiding volatility, but preparing to take advantage of it.

Short-term sentiment will still fluctuate, but pay attention to Bybit's proactive order-eating rhythm. If there is a large order-eating + quick recovery of depth, it might actually be smart money preparing positions for a counterattack.
#MERL #链上分析 #大户
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Just saw an on-chain alert, with an address pouring 16 million $MERL into Bybit. The timing is concentrated around the unlocking period, which is almost a textbook-level front-running signal: large holders choose to deploy early to avoid liquidity crunch and larger slippage on the unlocking date, cashing out profits in advance. The scale of this on-chain activity itself is a strong emotional signal and is likely to trigger panic following in the market. Short-term selling pressure is likely to intensify. It is recommended to closely monitor the large orders on Bybit's order book and prepare for increased volatility. On-chain data is a fact, but market dynamics are always more complex than data. #MERL #链上分析 #大户
Just saw an on-chain alert, with an address pouring 16 million $MERL into Bybit. The timing is concentrated around the unlocking period, which is almost a textbook-level front-running signal: large holders choose to deploy early to avoid liquidity crunch and larger slippage on the unlocking date, cashing out profits in advance.

The scale of this on-chain activity itself is a strong emotional signal and is likely to trigger panic following in the market. Short-term selling pressure is likely to intensify.

It is recommended to closely monitor the large orders on Bybit's order book and prepare for increased volatility. On-chain data is a fact, but market dynamics are always more complex than data.
#MERL #链上分析 #大户
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Bearish
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This whale has also been shipping like crazy in recent days, transferring 4.524K $BTC worth $270 million to Binance. https://platform.arkhamintelligence.com/explorer/address/3NVeXmBcmXsBSvXgpQuXWuGg4pDBDEWEok #BTC #现货 #巨鲸交易 #大户 {spot}(BTCUSDT)
This whale has also been shipping like crazy in recent days, transferring 4.524K $BTC worth $270 million to Binance.

https://platform.arkhamintelligence.com/explorer/address/3NVeXmBcmXsBSvXgpQuXWuGg4pDBDEWEok

#BTC #现货 #巨鲸交易 #大户
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