$BTC Data Update: Whales are Buying, but there is a Trap 🚨
$BTC just reclaimed $70K, but the On-Chain data is flashing a mixed signal. You need to see this.
1. The Bullish Pivot (Whales are In): 🟢
After days of red outflows, we finally have a GREEN bar on the Large Holder Inflow.
• +1,677 BTC ($116M+) accumulated by smart money in the last 24 hours.
• This confirms real demand is supporting this pump.
2. The Hidden Risk (Leverage Overheat): ⚠️
The Margin Long/Short Ratio has spiked to 20.5.
• This is dangerously high.
• When the entire market is Long, market makers often trigger a "Flush" to liquidate late buyers before the real move up.
Watch: A quick wick down to $68.2k to clear the leverage.
Target: If we hold that, $71k is next.
Don't FOMO at the top. Let the leverage reset first.
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