Guys, everything points to the fact that the 'whales' have started making moves. Tracking data from Arkham shows that BlackRock has deposited 5,212 BTC (worth $325 million) and 20,000 ETH (worth $35.13 million) on Coinbase Prime.
Over the past week, the company has pulled out over $1 billion in crypto. Formally, this might be a technical rebalancing of ETF funds, but the market reacts super nervously to such volumes. 📉
On the charts, we see a consistent response to this pressure. What do you think: is this the start of a deep correction, or are the institutions just gearing up for a new breakout? Drop your thoughts in the comments, let's discuss! 👇
BTCUSDT
Perp
66,758.8
+4.77%
ETHUSDT
Perp
1,827.72
+10.02%
SOLUSDT
Perp
75.14
+11.51%
