Last week saw a massive inflow of over 33,000 #BTC , valued at approximately $3.23 billion, into cryptocurrency exchanges—a signal that traders cannot ignore.
Such significant movement typically indicates heightened market activity, potentially driven by institutional interest, large-scale profit-taking, or preparation for major trades.
For traders, this presents both opportunities and risks: a surge in supply on exchanges could pressure prices downward in the short term, but it also sets the stage for volatility, which savvy traders can exploit.
Monitoring order books, tracking whale activity, and staying alert to market sentiment will be crucial to capitalizing on this influx for profitable trades.
