Whales Ratio 30D MA lifting up more, MM entities declining more their balances, correlates with their fund flows while BTC reserves on exchanges are increasing fast.
The H1 und H4 netflow chart indicating big inflows arriving to CEX. Today PPI, tomorrow CPI and thursday Philadelphia Fed Manufacturing Index. We will see how that plays out. 🤐
IT'S NOT CPI! CORE RETAIL DATA!
A small note on the side for those who wants to make money with a potential volatile market. Usually before a big pump we have a dump before, before a big dump we have a pump before, to liquidate high leverage positions. Trade careful and avoid high leverage on futures.
Don't be greedy! Before you open your position detect entry level but also, and thats the most important part, exit levels! You need a plan to trade with sucess! Don't let your trades drive by emotions (price action).
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In one hour more data will be released. Core retail Sales for October and Retail Sales for October. Why does that matter? Inflation can decline also because retail has to offer their products for lower prices as demand is disappearing.
Why should demand disappear? Well, inflation makes products expensive. Means while you're receiving the same salary (real salary) every month with a rising (or stable but high) inflation means, less money available to consume. So, retail has to attract you with lower product
prices. That's the start of a deflation spiral. Such a deflation spiral will decrease the inflation. So these two indicatos will be very useful to detect the comsumer behavior.
Some analysts are showing us big outflows but ignoring the bankrun by retailers caused by the FTX collapse.
Here some data:
Wallets with less 1 BTC
+ 40,000 #BTC
Wallets with 1 - 10 BTC
+ 60,000 #BTC
Wallets with 10 - 100 BTC
+ 20,000 #BTC
120k BTC outflow from CEX in 1 Week 👀
Anyway, doesn't mean big players are not also buying. Even if the CEX BTC reserves provided by @BTCInOutAlert showing big inflows happening right now indicating a big sell pressure will happen soon.
Some of you are wondering how they manipulate the price with future contracts.
What he describes works similar. But they don't use fiat as colleteral but stablecoins and BTC coins. Also we don't have an expiry related to perpetual contracts, but the
system is the same related to walls. That's how they hold the price stable while they can sell the spots.
Detecting big inflows in stablecoins and BTC related to derivative exchanges. It seems they didn't place any futures yet. They take profit from both ways. They placed Longs (pump) and shorts afterwards (dump). Almost $300m in longs and almost $150m in shorts.
Also interesting here. They place positions in 3 different leverages. X100, X50 and X25. Can someone please rekt them. 🙏❤️
Again, total of $150m in 3 leverage positions (25,50,100) just 10 minutes ago. Funding rate declining, shorts on Binance rising now, aggregated open interest rising. Imo they are working on the next dump already.
Inflows to derivative exchanges are declining since yesterday, while aggregated CVDs showing stablecoin-margined contracts are declining indicating taking profit, spot showing distribution and coin-margined contracts still lifting up indicating they use those to