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๐ฅใEarly-morning On-Chain ActivityใLarge sell pressure and accumulation playing out at the same time!
๐ 04:29 03:57
BTC perpetual contracts show large sell orders: selling 148.44 BTC, with an average execution price of 76.3 million USD.
๐ 04:29 03:56
ETH shows a large buy: buying 2150.18 ETH, with an average execution price of 2303 USD.
๐ 04:29 03:51
ETH sees two consecutive large sell transactions:
ยท Selling 4271.2 ETH, average price 2301 USD
ยท Selling 989.18 ETH, average price 2301 USD
๐ฐ Large transfers (around the same time):
749.9 BTC (about 57.2399 million USD) moved from โUnknown Walletโ to โUnknown Walletโ.
๐ Summary:
ยท BTC shows high-level sell orders + huge unknown transfers, which may indicate fund migration/turnover.
ยท ETH engages in a bullish vs. bearish standoff within the 2301โ2303 USD rangeโselling first, then buyingโshowing clear divergence between bulls and bears.
$ETH โ