#WhaleAdds$250MBTCLongs
On-chain data in the last 24 hours shows that a whale has opened a long position of approximately 250 million dollars in (long) BTC.
This move is noteworthy in these days when the market is at a critical decision point.
🔹 On-chain observations
• Exchange outflows are increasing: Approximately 15,000 BTC have been transferred to cold wallets in the last 48 hours.
• The open position rate (OI) increased by 7% — indicating that new entries in futures trading are accelerating.
• Funding rates are still at neutral levels, meaning that highly leveraged long positions have n
On-chain data in the last 24 hours shows that a whale has opened a long position of approximately 250 million dollars in (long) BTC.
This move is noteworthy in these days when the market is at a critical decision point.
🔹 On-chain observations
• Exchange outflows are increasing: Approximately 15,000 BTC have been transferred to cold wallets in the last 48 hours.
• The open position rate (OI) increased by 7% — indicating that new entries in futures trading are accelerating.
• Funding rates are still at neutral levels, meaning that highly leveraged long positions have n
BTC1.92%