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Lee | Market Intel
đš #COLDCARD fears appear to be driving wallet migrationânot mass #Bitcoin selling.
đ Recent on-chain data shows exchange inflows are mainly coming from wallets holding less than 1 BTC, while deposits from larger holders continue to decline.
đĄ This suggests retail investors are moving funds to exchanges for perceived safety, whereas whales are more likely reorganizing custody rather than preparing to sell.
â ïž If large holders were truly capitulating, the market would likely have seen a much steeper decline. Instead, $BTC has remained relatively resilient, indicating demand is still absorbing available supply.
đ For now, the data points to custody migration over capitulation, though the market remains sensitive to further security-related developments.
#Bitcoin #BTC #OnChain #Coldcard #CryptoSecurity #Whales #CryptoNews #MarketUpdate
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