$BTC FACES LIQUIDITY TEST AFTER UNCONFIRMED STRATEGY SELLING RUMOR 📉
A prominent trader resurfaced with on-chain data suggesting a major entity offloaded 491 BTC. The move follows the recent unveiling of a framework permitting sporadic sell-offs. However, Arkham analysts note the transaction patterns don't match known custody addresses — the amount is unusually small for this player.
This creates a structural uncertainty around $66k support. If this selling is real, we may see a liquidity grab below recent lows. If false, shorts could get trapped on the bounce. The daily volume just spiked 18% with indecision candles.
Would you trust that 491 BTC sale or wait for confirmation from the custodian wallet?
Not financial advice. Always manage your risk.
#BTC #LiquiditySweep #OnChainAnalysis #TradingSetup
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A prominent trader resurfaced with on-chain data suggesting a major entity offloaded 491 BTC. The move follows the recent unveiling of a framework permitting sporadic sell-offs. However, Arkham analysts note the transaction patterns don't match known custody addresses — the amount is unusually small for this player.
This creates a structural uncertainty around $66k support. If this selling is real, we may see a liquidity grab below recent lows. If false, shorts could get trapped on the bounce. The daily volume just spiked 18% with indecision candles.
Would you trust that 491 BTC sale or wait for confirmation from the custodian wallet?
Not financial advice. Always manage your risk.
#BTC #LiquiditySweep #OnChainAnalysis #TradingSetup
🔥