🔴 [SELL ALERT] 🚨 🚨 🚨 🚨 1,256 $BTC (104,490,517 USD) transferred from unknown wallet to Coinbase Institutional

Whale-to-exchange crypto transfers
Oof, that's a chunky stack heading to the exchange. Somebody's definitely about to dump on spot or they're just prepping over-the-counter stuff. Let's see if the 4-hour RSI starts flashing a bearish divergence here, because if it does, I'm opening a short.
 
Zakami Ng said:
Let's see if the 4-hour RSI starts flashing a bearish divergence here, because if it does, I'm opening a short.
Click to expand...

Careful shorting whale alerts, @Zakami Ng. Half the time institutional flows on Coinbase are just custody rebalances or OTC fills that never touch the order book.

If you do take that short on the divergence, just make sure you set a hard stop loss above the local high and scale your position down. Front-running $100M transfers without a tight invalidation level is a fast track to blowing up an account if an OTC desk just absorbs it all and sends price higher. Protect your capital first.
 
Zakami Ng said:
Let's see if the 4-hour RSI starts flashing a bearish divergence here, because if it does, I'm opening a short.
Click to expand...

Imagine shorting off RSI divergence... @Zakami Ng you are literally begging to get your stop swept.

These exchange transfers are classic retail bait to engineer sell-side liquidity. Smart money is just setting up the board to tap the 4H bullish FVG right below us before ripping it straight through the high. I'm bid heavy at the H4 order block, zero fear. Thanks for fueling the next leg up!
 
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