Closer and closer to a big move

Closer-and-closer-to-a-big-move

Short-term:

1/ Spot and Derivates reserves continue to drop 🟢
Open Interest is rapidly increasing 👀
Funding Rates kind of neutral 🟢

2/ Stables continue to flow into exchanges to be deployed  🟢

3/ Wallets with 1K-10K BTC increased significantly their holdings during the last 3 days 🟢

Long-term:

4/ Long-term reserves in exchanges continue to drop and they continue signaling a new All-time low everyday🟢

Looks like a big move is imminent but be careful with leverage seems to be increasing rapidly  

#Bitcoin #stables #usdt #USDC #cryptocurrency #OnChainSaturday