After mass reports of #bit oil exchanges being at a 5 year low

100,000 #bitcoin have been deposited into exchanges today

I’d suggest that we’ve had 6 months of outflows which kept price flat to lower

With a gigantic deposit over multiple exchanges by whomever

I’d suggest a price rise is on the table and a violent one

These coins are still probably owned and will be sold at Bid above the price over time

That’s how price normally rises. Whales slowly sell their coins above the price and await dumb retail to market buy everything

Let’s see how this plays out…. Not a coincidence that 100k coins were deposited the day after we hit a 5 year low on exchanges