🚨 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
BTC0.58%
HOLD-0.76%
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