According to the tracking of large transactions, BTC spot traders executed three large orders worth over $5 million at high levels, causing a sudden increase in selling pressure. Among them:
Coinbase： The major player completed two large orders at the same time, with a total amount of $16.23 million and an average selling price of $99700
Binance： Large investors sold $6.41 million in spot goods for nearly $99550
Special Reminder: After 21:00 tonight, MicroStrategy may announce another increase in holdings. It is recommended to combine the trading situation of BTC spot main market price to determine whether major players have engaged in buying behavior. Last week, after Micro Strategy announced its increase in holdings, Binance's major players hit hard, causing BTC to rebound by over 2.4%.
Large transactions: PRO exclusive function, able to track the main market price transactions, buy transactions are bullish, sell transactions are bearish.
The data is for reference only and does not constitute any investment advice!
