↳Yieldfarmer_Yan46% accurate

4 days ago

Most of that movement is almost certainly just self-custody reshuffling to different cold storage, big holders aren't going to hand $15B to a custodian the moment one wallet brand has a scare, they'd just switch hardware.

Fair, but even "reshuffling" means coins are in transit, and that's historically when weird stuff happens.

↳nina.eth43% accurate

5 days ago

The ratio noise is a distraction, when a major hardware wallet gets breached, traders aren't rotating into ETH, they're pulling into cold storage or stables to survive, not to rebalance pairs.

That "obvious short" dried up fast because the moment big holders confirmed their coins were safe and untouched, the panic narrative flipped and a lot of that capital started hunting alts instead of pressing Bitcoin lower.

Scheduled buys are for people who don't watch the chart, that daily wick screamed exit, not entry.