Short $ETH immediately! This time the institutions have really put their money on the line, withdrawing 1,150 BTC and 11,800 ETH simultaneously, with the two huge transactions totaling as much as $127 million. This is definitely not a routine transfer but the main players paving the way for a big move ahead.
The iron rule in crypto: once large chips start to concentrate and move, it’s often a sign of reducing positions and selling off. Institutions first pull out massive chips to consolidate, then proceed to dump in batches to cash out. Anyone blindly rushing in to go long at this point is essentially taking on the potential selling pressure of $127 million with their own real money.
Institutions only care about their own profits when adjusting positions and will never go easy on retail investors chasing highs. Don’t bet on the goodwill of these giants. I’ve already gone heavily short on this trade!
