Significant Bitcoin dump on Binance.

Over $250 million in predominantly sell-side activity here.

This leads me to believe in widespread retail action or short-term institutional suppression, capturing liquidity via futures (shorts have increased).

Typically, this is the kind of pattern that scares off small traders ("sardines") and transfers capital into the hands of "whales."

But what do I know, right? 🤷‍♂️