Noticed an interesting phenomenon—yesterday, some large on-chain wallets quietly started moving coins out.

There’s something behind this. With the price rebounding to this level, it probably hit some whales’ selling targets. They might be playing their usual tricks: selling while pumping, buying while selling, basically orchestrating a shakeout. The key is to watch today’s data—if net outflows continue, the probability of a correction gets much higher. In other words, if the price stays high but whale addresses keep flowing out, you should stay alert.

Looking at spot ETFs, about $14 million (around 100 BTC) was withdrawn yesterday. The amount isn’t huge, but the signal is clear—the bullish momentum is fading, and the market is going through a natural pullback after liquidity is withdrawn.

Chasing longs at this level isn’t a wise move. The strategy should be to short at the top and buy at the bottom, but look for better entry points for longs further down—don’t rush to catch the dip.