🚨🚨 Update: Our hourly whales ratio chart (1) is showing the first time since 12-30-2021 a little dump indicating less incoming whales tokens. Interesting because at the same time we are detecting more incoming tokens as the total netflow (2) is showing bigger

inflows. When we've a low whales ratio but a green netflow that means retailers are capitulating and selling their #BTC in fear. However, we are not done yet.

Since 01-01-2020 the 30d average whales ratio is falling indicating less whales related inflows. At least not constant
inflows from whales detected. Stablecoin reserves on exchanges has stabilized since 01-04-2022 while the stablecoin supply keeps rising indicating a rising demand. The data keeps looking bearish, but better than in december atm.

In the top chart we can see the total netflow 30d
average. It shows very clear the dump preparation. Since EoY they were preparing that dump. If we check the netflow development of our main exchanges related to rising reserves, we can detect bigger inflows related to #Binance, #Bitfinex and #Okex today. #Gemini showing more

#Gemini negative netflow matches to its reserve. Since yesterday it has declined by 7,000 #BTC. Interesting here is the correlation between its reserves and #BTC price action as tweeted yesterday.

#Okex has received another 750 #BTC since yesterday. While #Bitfinex
has rised its reserves by 2,750 #BTC. Our main dump actor #Binance has received almost 3,200 #BTC within 24 hours.

All exchanges combined show again falling reserves. In the last 24h it has declined by almost 2,750 #BTC
Also interesting if we spend a view to the in- and outflow charts. We are getting more inflows in sequences. In Ocotber/November we had more inflows than outflows indicating they have started to distribute the way up heading the new ATH and as we know more inflows are following.
Option traders showing a growthing bearish sentiment for January based on volume for all expiries. For the expiry 07Jan and 14Jan we have more puts traded in the last 24h expecting a lower price ranges, but also for the 28Jan they have started to buy more puts, even if calls are
still leading. The last big trade related to our 07Jan expiry is Puts at a price of $42k indicating an expected price below $42k. At the moment the data for the 28Jan expiry is not useful yet. We have here Calls at $52k ,$50k (the top trade since yesterday) and $48k, but also
Puts at $42k, $40k and $38k. So, atm they expect a trade range between 30s and 50s imo. But us said, atm not really useful. Buy/Sell Puts activity detected at $35k - $42k and Buy/Sell Calls activity at $50k and $60k. Our max pain didn't change since yesterday and it maintains at
$52k. However, based on OI we can see more option traders trading Calls for expiry 07Jan and 28Jan even if the volume for Puts is rising. To make clear, option traders expecting more dump in the coming 1-2 weeks before we can see the light at the end of the tunnel.
Future trading looks weak and is almost announcing more dumps. Our leverage ratio (1) keeps rising while our funding rates (2) are falling indicating more bullish sentiment at future traders. Even if we have liquidated almost $1b in longs (3) in yesterdays dump, they are still
placing more high leverage longs expecting a bounce at 42k. Imo the 42k is a trap to generate more longs and rekt them to generate more pressure and dumpt the price heading 39k as predicted since days based on #Bitfinex walls. I have tweeted about that already several times.
While our Longs/Shorts ratio within 24h was looking bearish, that flipped again to bullish again and matches to the funding rates indicating more longs coming. Perfect conditions to dump even more and rekt more longs.
Taking into account that Hedge funds are longing again, that could be a sign for a coming retrace. We need to check the next CME report if they keeps longing. That would also indicate a coming pump. While they have closed a lot of their shorts already. Too early to predict their
next steps yet, but I will check the CME data frequently from now on.

I stick to my plan. My exit level for my short is at $40k. I still think we will dump heading 38.5k to retrace quick. Stay a while an 40k to generate more shorts and pump crazy afterwards to rekt them. I will
try to long the local bottom at $38k - $39k. 😜 At the moment I think $42k is a trap to generate more longs because almost the whole CT was expecting the bottom at $42k since few days. My expectations are based on #Bitfinex walls.
Its my last week of vacation, so next week I will keep tweeting my analyzes but I will have much less time. So, less replies and not such detailed analyzes anymore except weekends. 🤷‍♂️😬
As some of you ask for the #Bitfinex walls. They have placed a new wall at $40.5k and they reinforced its wall at 39k. The wall at $38.5k maintains there, but not reinforced yet.
#Bitfinex placed a new wall at 44k and above at 46.7k. Does that look uncoordinated for you? 🤷‍♂️🤦‍♂️

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More from @InspoCrypto

5 Jan
🚨🚨 Update: Today a quick market update as nothing have changed since yesterday. We still detect more incoming inflows from whales. The whales ratio maintains its level between 0.7 - 1.0. As soon we register bigger outflows, more inflows follows. Today we have

registered more inflows than outflows. The stablecoin reserves on exchanges has rised a bit. I have received some whale alerts related to new stablecoin inflows to exchanges, but we have more outflows coming from #Binance again. Almost $510m stablecoin withdraw registered from
#Binance indicating whales selling their assets and withdrawn their stablecoins. If we don't detect some big inflows to treasury soon its almost confirmed that these whales want to stay to stablecoins to buy the dip afterwards. We have also detected $400m stablecoin inflows
Read 15 tweets
4 Jan
🚨🚨 Update: Our daily view is showing the (1) highest volatility in whales ratio since years. First it dumped hard indicating almost non tokens arriving by whales on exchanges, then it pumped hard indicating incoming whales inflows

and it dumped afterwards again. The (3) netflow chart is confirming those operations. First big outflows, big inflows afterwards and rising outflows later on again.
However, we had a total netflow of (minus) 2,666 BTC, indicating a bigger outflow from exchanges. Matches to the
price action as the price has started to lift up again after reaching our local bottom at $45.7k yesterday.

The whales ratio 30d average (2) keeps rising indicating more inflows arriving exchanges, while the (yellow curve) stablecoin reserve on exchanges are declining indicating
Read 28 tweets
4 Jan
What if the recent dumps are related to the spot ETF rejection by SEC from November 12th? At least that could explain why #Bitfinex placed walls in the range of $38k - $46k. If so, that wouldn't be that bearish.

@SBF_FTX comments from your part?

Institutionals dumping the price in May to accumulate and prepare the launch or their Spot ETFs. China FUD as trigger to let retailers sell their tokens. When everybody was expecting the big dump to lower ranges 07-21-2021 #FTX starts to buy and pumped the price up
init a new rally heading upper 40s/50s. More China FUD follows to get more tokens from retailers. FOMOying with incoming Spot ETF to rise the price up and reach new ATH. November 12th SEC announcing their rejection citing concerns about the lack of regulation and the potential
Read 5 tweets
3 Jan
🚨🚨 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

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
Read 16 tweets
2 Jan
Sometimes to detect certain OTC activity I usually use the Total Tokens tranferred on netwok indicator combined with the exchange counts indicators. Together they can show you potential OTC activity. The August pump was driven by #FTX and my theory is, the

rise of activity outside of exchanges (potential OTC, darknet, etc.) in August happen because #FTX huge transactions, a total of 40,000 #BTC. I have reported about that close after it happend. But the other 3 I have detected looks strange. They are related to dumps. Would be
interesting to know Genesis current data related to #BTC demand by institutionals. Because in their last report they mentioned that institutional demand is shifting from #BTC to #ETH. Until yet I thought our current dumps are related to the China mainland shut down, but what if
Read 6 tweets
2 Jan
🚨🚨 Update: Today just quick market view as no big changes happend since yesterday. We've started the year with extremely low volume, so also netflows no showing anything big.

Our hourly view shows a high whales ratio since the beginning of the new year.

#BTC #ETH #XRP Image
In the first 2 days we have detected to relatively big positive netflows, indicating more inflows than outflows to exchanges and one negative netflow in the beginning of the year. However, the netflow is showing us more inflows from whales are arriving to exchanges. The last big
netflow happend yesterday at 2 am (UTC +1) with almost 1,700 #BTC.

Also option trades didn't really change. At least nothing useful to let us predict certain price levels for January. Some of option traders have started to buy options for EoY 2022, their trade range between
Read 17 tweets

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