Phyrex
Phyrex|Apr 28, 2025 13:24
I don't know if my explanation is unclear. The concept of my tweet is that I haven't seen any intention of Bitcoin holders leaving the exchange. Although the number of shares transferred to the exchange is increasing, the increase is very limited and not enough to affect the price of BTC. Although the data shows that there are large holders holding more than 10000 BTC leaving, these chips may not necessarily be sold directly on the exchange. This tweet has nothing to do with long or short positions, it's just about the actual data I've seen so far. I said I'm not bearish until Tuesday because there may be a decision on the state BTC strategic reserve tomorrow morning, which is why I'm not planning to be bearish. There is no clear support in the data to be bullish or bearish, at least my ability has not seen it. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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