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Is the dog market secretly bottom-fishing at night? Will the bulls be back fast?๐๐จ
From 00:40 to 00:51, just over ten minutes, on-chain data shows intense fluctuations.
First, take a look at the trades๐
ยท BTC Perpetual: Total buy of 586 BTC, average price 7.58โ7.59 hundred million US dollars, total amount nearly 44.5 million US dollars
ยท ETH Perpetual: A single buy of 9,888 ETH, average price 2274 US dollars, about 22.5 million US dollars
Next, take a look at the fund flow๐
ยท At 00:48, USDC Treasury directly transferred out 90 million USDC to an unknown wallet
ยท Earlier at 00:40, another 87.95 million USDC was moved between unknown wallets
Conclusion and thoughts:
1๏ธโฃ A concentrated sweep at night isnโt the work of retail tradersโclearly institutional-level, โdog marketโ-class capital is quietly accumulating.
2๏ธโฃ Large outflows from USDC Treasury often mean theyโre preparing to buy, not merely storing funds.
3๏ธโฃ Price range: BTC is taking orders around 75,800 US dollars, and ETH around 2,274 US dollarsโif they dare to buy at this level, are you panicking?
โBulls returningโ isnโt called out by a single bullish candle, but midnight bottom-fishing + massive stablecoin outflows really are a signal that smart money is making a move.
Are you just watching, or have you already fallen asleep and missed the boat?๐$ETH