The market is showing us exactly why "Extreme Fear" exists today. Bitcoin is currently trading around $76,000, down nearly 15% in the last 7 days. While some are calling for a further drop to the $69,000 zone, the data on-chain tells a more complex story.
Here’s what you need to know today:
🐳 Whale Moves: Major Ethereum whales have offloaded over $370M in ETH recently, largely to repay DeFi loans on Aave and manage risk.
🏦 Institutional "Quiet" Time: While retail is panicking, traditional finance giants are gathering today (Feb 4) at 12:00 UTC for the #TradFiOnChain event to discuss the future of digital assets.
The Bottom Line:
The "Big Short" warnings are back in the headlines, but history shows that high volatility liquidations often clear the path for the next leg up. Are you following the "Fear" or tracking the "Flow"?
What’s your move at $76k?
👇 Let me know in the comments:
1️⃣ Buying the dip 🚀
2️⃣ Waiting for $69k 📉
3️⃣ Staying in Stables
