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🚨 BITCOIN SELL-OFF ACCELERATES: Galaxy Digital Dumps $330M BTC – What’s Next?
🔴 Key Details
Amount Moved: 2,850 BTC ($330.44M)
Destination: Exchange Deposits (Likely OTC or sell pressure)
Timing: Amid $675M market-wide liquidations
📉 Market Impact
1️⃣ Short-Term Bearish:
Adds sell pressure to already shaky market
Next key support: $58K (Must hold to prevent crash)
2️⃣ Whale Behavior Shift:
Institutions taking profits after ETF rally
Watch for more GBTC outflows
💡 Trading Plan
✅ Spot Buyers: Wait for $58K-$60K consolidation
✅ Short Traders: Target $58K break → $54K (CME gap)
⚠️ Avoid: Catching falling knives – confirm reversal first
📊 Historical Context
Past Galaxy moves preceded 5-10% dips
2023 Example: Similar dump → BTC dropped 12% in 48hrs
🗳️ Poll: Galaxy’s next move?
✅ More selling | ❌ Done dumping | 🤷 No impact
💬 Engage: "Would you buy at $58K?" 👇
FOLLOW ME for real-time whale alerts – I track the institutional flows.
#Bitcoin # BTC #WhaleAlert # Trading #Crypto