Marathon Digital, a leading player in the mining industry, recently transferred 519.46 BTC to FalconX, equivalent to approximately $48.3 million. This transfer has attracted market attention.
From the trend perspective, Bitcoin is currently oscillating within a large ascending triangle, with the price pushed up to a short-term key resistance level. This position is also near the high point since December last year—in other words, Bitcoin is approaching the top of the past six months.
Interestingly, the company's actions seem to be sending a signal: their expectations for Bitcoin to continue rising may not be so optimistic. Choosing to sell at this stage of a high point is essentially cashing out gains. This kind of "high-level exit" often reflects cautious sentiment among large investors regarding the future market rally.
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HappyMinerUncle
· 01-10 05:07
High-level exit scam, I've seen this trick too many times
The big players are really starting to offload, it feels like things are about to get intense
Marathon's move has got me a bit panicked...
Here we go again, first sweet then bitter
Honestly, am I the only one who thinks this resistance level can't be broken?
Big institutions are all selling off, how can retail investors run?
This trading is really pointless, might as well lie flat like a salted fish
Looks like I need to prepare for a drop
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AirdropHarvester
· 01-09 21:47
The leaders are all running, retail investors are still calling for a rise, I've seen this script before.
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CryptoSourGrape
· 01-09 16:24
If I had known that the big players would run away so quickly, I wouldn't believe there was any possibility of further gains.
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memecoin_therapy
· 01-07 05:50
Big miners are starting to reduce their positions, this signal seems a bit off.
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CompoundPersonality
· 01-07 05:46
Such obvious signals of big players fleeing, yet people are still buying at high levels?
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SudoRm-RfWallet/
· 01-07 05:39
This marathon operation is not very good, dumping at high levels... feels like it's going to fail
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Big players are all running, I'm still holding on, hilarious
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519 coins transferred out directly, what could this be hinting at, hmm...
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Selling at high levels just shows a lack of confidence in the future market, got it
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Wait, is this the rhythm of dumping the market?
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The leading players are so cautious, retail investors are still buying the dip, uh
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For those still chasing the high now, good luck
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It feels familiar, pressure levels + big players fleeing, this combo punch is quite painful
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Anyway, I’ve fully sold off, don’t try to persuade me
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This signal is obvious enough, if you can't see it, you deserve to be harvested
View OriginalReply0
SignatureAnxiety
· 01-07 05:39
The signals of big whales fleeing are so obvious, yet retail investors are still sleepwalking.
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ForkMaster
· 01-07 05:28
This move in the marathon looks like they're giving us a lesson. Are they really so blatant about escaping at high levels?
Marathon Digital, a leading player in the mining industry, recently transferred 519.46 BTC to FalconX, equivalent to approximately $48.3 million. This transfer has attracted market attention.
From the trend perspective, Bitcoin is currently oscillating within a large ascending triangle, with the price pushed up to a short-term key resistance level. This position is also near the high point since December last year—in other words, Bitcoin is approaching the top of the past six months.
Interestingly, the company's actions seem to be sending a signal: their expectations for Bitcoin to continue rising may not be so optimistic. Choosing to sell at this stage of a high point is essentially cashing out gains. This kind of "high-level exit" often reflects cautious sentiment among large investors regarding the future market rally.