In the past 12 hours, large transaction data showed a net outflow of $24.76 million from the main force, with sell orders dominating, with a buy to sell ratio of 1: 1.81, clearly showing a short selling trend. Especially the large market price sell orders at 16:52 and 16:35, which sold $4.55 million each, directly suppressed the price to below $113860. At 17:23, there were still large sell orders of $10.1 million, indicating that the main force continued to reduce their holdings.
The current K-line is in a top split pattern, with prices below the EMA24/52 moving average, forming a double validation with bearish signals of large trades. The trading volume shrank by 49.83%, and market buying was weak.
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The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.
