Thread by @InspoCrypto

🚨🚨 Update: Our daily view is still showing a rising whales ratio indicating more whales inflows arriving on exchanges. Our total exchanges netflow also showing a positive netflow on exchanges (more inflows than outflows) of almost 850 #BTC. Since end of december

#BTC #ETH #XRP

no more big inflows were detected. Also we can see a rising stablecoin supply but a declining stablecoin reserve on exchanges indicating more stablecoin outflows from exchanges. Also for me a sign, they are preparing a dip. As the stablecoin supply keeps rising no big volume

in stablecoins are arriving the treasury. So, not that bearish. However, that would also indicate, we are not done yet with our dumps. That matches very well with my current expectations.

If we switch to our hourly view we can see that our whales ratio maintain very high since

12-31-2021 while our total exchanges netflow has calm down a bit. Our recent big netflow activity was 01-01 and 01-02-2022, while we can see that more inflows were detect than outflows. In the hourly view we can also see that our whales ratio 30D average has declined a bit

since 01-02-2022 indicating less whales inflows and confirmed by our netflows. However, the stablecoin reserves on exchanges has started to decline 12-24-2021 and is showing less stablecoin reserves on exchange since then while the stablecoin supply keeps rising at the same time.

My recent whale alerts matches to what we see here. #Binance showing a total outflow of almost $320m within the last 24h. Only one USDC inflow to crypto.com.

#Binance is the key exchange related to the recent dump phases. Interesting how #Binance reserves as almost the only one keeps rising. #Binance received almost 271,400 #BTC in 2021 while exchanges like #FTX, #Coinbase, #Kraken and #Huobi are reducing it's reserves.

Anyway, if we

check #Binance last reserve moves we see it declined its reserves by almost 10,350 #BTC since its peak (602,000 #BTC) 12-28-2021, but still showing remaining 37,500 #BTC of our huge inflows from 12-23-2021.

#Gemini has also reduced its reserves by 5,100 #BTC since 12-29-2021 but also still have remaining 8,350 #BTC from its last big inflows.

#Bitfinex reduced 6,100 #BTC since 12-22-2021, but more inflows coming in. Since 12-23-2021 we have detected almost 3,200 #BTC.

Last but not least #Okex have received almost 1,900 #BTC since 12-31-2021.

The total exchange reserves declined since 12-29-2021 by almost 26,300 #BTC. Drivers of this decline were #Coinbase and #Kraken. Also here, we still have a plus of 9,000 #BTC

from the last big inflows happend 12-23-2021. Imo we are not done yet and we should dump further as expected since days. Patience is key as usual.

Option tradring more activity for the coming 14Jan22 expiry. Their trade range is between 47k - 51k. We have more call buys in lower

ranges and more call sells in upper ranges. It seems they are not expecting big bullish moves until mid of Jan. Also the max pain has declined for all expiries from 55k to 54k confirming a shift to lower ranges.

$DXY has confirmed what I have expected, they have formed a bear trap to pump hard now while $SPX is holding its support at 4766. Imo $DXY will flip and fall heading its bottom trendline again to lift up again and generate more bearish pressure to the markets. If so, #BTC will

get this sell pressure too. However, I stick to my plan and will flip to bullish immediately after we have seen a big last dump heading lower 40s. Imo we will pump afterwards again to form a fake rally, to distribute the way up and flip again later on.

Also an interesting view that shared @52kskew yesterday indicating a long gamma, a risk management strategy for option traders, when they expect an incoming rising in volatility.

So, as usual, stick to your plan and don't let you guide by price action or fear. 😜🤝