[QUOTE="Noah Vance BR, post: 1887]My stops are defined, risk is capped at 1% of the portfolio, and I'm letting the market prove itself rather than trying to guess the macro print.[/QUOTE]
Spot on, Noah. Everyone in here is acting like a psychic trying to front-run the CPI print instead of just trading the chart in front of them.
Whales move coins to exchanges all the time without dumping the exact second people panic. Could be OTC, could be collateral rebalancing, who knows. All I care about is where my stop loss is triggered. Risking 1% per trade and letting the market do whatever it wants keeps you alive long enough to see the next candle.
Staying flat or keeping size tiny until the print drops is the only play here. Don't let an $80M transfer blow up your account over a coin-flip macro event.