Early trading of 15 million+afternoon selling pressure of 12 million, BTC pullback is not a coincidence
According to PRO tracking, BTC experienced two instances of spot selling pressure at the level of tens of millions of dollars within the day: At 03:56, Binance's main force shipped $15.02 million, increasing selling pressure, and BTC failed to stabilize at $107000 in the short term 14: 28. Coinbase major investor sold $12.69 million, BTC briefly surged 108050 before falling below 107000 Editor's note: The main force often ships at important resistance levels, creating local highs and creating short-term downward pressure. On May 18-19, the main force of Binance shipped a total of $41.6 million at the 105k/106k/107k level, and BTC subsequently retreated by over 4.6%. The data is sourced from the main orders of PRO, for reference only, and does not constitute any investment advice!
