Bitcoin today on-chain data 2025/9/6 🚨



$BTC 100+ large whales are massively selling ( over the last two weeks the second largest )

Same old story again... The big whales that speculate on short-term news have left the market again, although this time they sold less, but the speed at which they left was faster.

The last mass sale occurred after Powell's speech in Jackson Hole on the 23rd, when more than eight thousand tokens were sold, but last time it lasted almost a whole day, this time almost immediately everything was gone.

Many friends are asking about the issues with non-farm data. We also mentioned this in our latest news over the past two weeks. The market is eagerly awaiting a rate cut in September, but in reality, Powell is concerned that a decrease in labor data could lead to an economic recession, so he is considering changing the interest rate. This is two sides of the same coin. As we say, can the market react again that day to Powell cutting the interest rate, then it really means he is worried about the risk of the economy entering a recession, and ultimately speculation about a recession will begin. This is the difference between forced and preventive rate cuts: in the first case, the uncertainty will be much higher, and one will have to worry about whether the market will start speculating on a recession, which could lead to a situation where the joy lasts only three seconds, and then the feeling of wrongness arises again.
BTC-0.12%
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