What is Nostr?
Bitman
npub1z20…mxwn
2024-10-23 19:10:28

Bitman on Nostr: 👀 ...

👀



Significant Bitcoin dump on Binance.

Over $250 million in predominantly sell-side activity here.

This leads me to believe in widespread retail action or short-term institutional suppression, capturing liquidity via futures (shorts have increased).

Typically, this is the kind of pattern that scares off small traders ("sardines") and transfers capital into the hands of "whales."

But what do I know, right? 🤷‍♂️

Author Public Key
npub1z204rz2az24ne8xuym9j90dmnh533e03elucjslnsc802wjyrqps6vmxwn