🟢 [ACCUMULATION] 🚨 🚨 🚨 🚨 1,270 $BTC (106,064,445 USD) transferred from #Kraken to unknown wallet

Whale cold wallet outflows
Whales moving coins off exchanges usually gets everyone hyped for a supply squeeze, but honestly, I don't care where it's going. People see these alerts and immediately ape in, but unless you've got your position sizing locked down and a hard stop at your invalidation point, you're just begging to get liquidated when the chop hits. Hope whoever is holding that bag knows exactly what their max drawdown is, because gambling on whale wallets is a great way to go to zero.
 
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