BTC large transaction tracking: net outflow of $6.87 million, short selling signal revealed

The large transaction data in the past 12 hours shows that the main funds are clearly biased towards market price sell orders, with a cumulative sale of $34.08 million, far exceeding the buy of $27.2 million, showing a net outflow of $6.87 million, with a buy to sell ratio of 1: 1.25. Especially with a large market price sell order of $100.8 million at 08:45, the price was directly suppressed to $108854, indicating the intention of the main force to ship. In the latest 2-hour cycle, prices continued to be suppressed by EMA24 and EMA52, further confirming downward pressure. At the same time, the KDJ indicator converged, with trading volume shrinking to 41.95% of the average level, and market activity decreasing, providing support for the weak trend after the main force hit the market. Open a membership to keep track of large transactions and gain insight into the main trends ahead of time! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.