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$$SOXL Whale address 0x7a3f...9c2e just transferred 1.2 million SOXL (about $72.7 million) to an exchange. WhaleAlerts tagged it as a “Smart Money” wallet; the past 3 similar moves were followed by an average 6.8% pullback within 24 hours. Glassnode shows exchange net inflows at a 30-day high.


The current price is 60.61. After peaking at 60.62 over the past 24 hours, it closed almost at the top of the range, with $5.79 billion in turnover—this is a sentiment climax, not a starting point. My approach: don’t chase. Wait for a pullback to the 57.2–58.0 range (the 0.618 level of today’s 51.04–60.62 range) and scale in. Keep the initial position below 15%, set a stop-loss at 54.8 (if the structure breaks below today’s low), and take profit at 64.5 for the first target and 68 for the second. If it gaps directly above 61.5 at the open on shrinking volume, stand aside—don’t chase.
There’s only one rule for coin selection: only trade assets that whales transfer to exchanges while retail is still FOMOing, then wait for them to dump.
What smart money is doing: placing buy orders to catch panic sellers while distributing in batches above 60. Don’t be the one left holding the bag. #每周来晒 #Gate广场中秋团圆局
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SOXLSOXL-0.49%


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Comment 4
DogeFaithful
WAGMI, but 60.62 looks like it was deliberately drawn
BasicIncomeGuard
Gas fees are going up again
CycleWatcher
Smart Money has pulled back 6.8% three times in the past; will the fourth time rhyme?
Nonce Ninja
I’ve replicated the signal of whales transferring funds to exchanges; it does indeed lag by 6–12 hours, but it depends on on-chain confirmation speed