🚨 Bitcoin On-Chain Signal to Watch
Short-term holders are becoming more active during recent $BTC
BTCUSDT
Perp
79,327.9
-1.54%
rallies 👀
Data shows a clear pattern of increasing exchange deposits:
• Apr 15: ~65,000 BTC
• Apr 21: ~54,600 BTC
• Apr 24: ~39,000 BTC
This kind of behavior typically signals one thing — selling into strength.
Instead of holding through the move, short-term players are using price spikes as exit liquidity.
That doesn’t mean the trend is over… but it does suggest potential resistance and slower upside momentum.
Smart move here? Watch how price reacts near key levels.
Are we seeing distribution… or just healthy rotation? 🤔