Lol relax Owen, everyone’s instantly panicking over exchange inflows like it's 2018. If a whale actually wanted to dump 50 million on the open market and nuke the order books, they wouldn't telegraph it by sliding it into an institutional custody desk first. That's entirely OTC rebalancing or a high-net-worth liquidity shift behind closed doors. Every single time retail starts sweating over a random exchange transfer, it ends up being a nothingburger while the market rips right in their faces.
@Liam Walker absolute facts. Retail sees a single whale move and thinks the sky is falling. If they really wanted to nuke price action, they'd just hit the bids, not post a public transaction to Coinbase. Stop getting rekt by your own paranoia, boys. Send it.