🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨

Very High ei Derivative CDD data arrived

📌CDD details;

⚡️In total, approximately 48,000 #Bitcoin derivatives entered the exchanges in a single block. Yes, you read it right, FORTY-EIGHT THOUSAND PIECES

❗️I was surprised that these BTCs entered the derivative side of Kraken. Since it is a leverage method in the futures, 1 BTC with a 10x transaction has the same effect as 10 BTC. In other words, 48 thousand BTC creates a 10x effect of 480 thousand BTC.

It is very, very difficult to use all the processing. So don't panic, it will probably be used as an OTC transfer or collateral.

#Bitcoin_Coneference_2024 #BinanceHODLerBANANA #BinanceTurns7 #SOFR_Spike