In about 1 hour, a series of large ICP transactions (400k–800k ICP/order) have been moving back and forth between private wallets ↔ Coinbase. ➡️ This is a sign of distribution/preparing for liquidity, not a safe buy signal.
Risks to watch out for: • Large capital inflow onto the exchange → potential selling pressure. • Price is in a short-term downtrend, and the bottom structure is unconfirmed. • Whales act differently from retail, so don’t buy the dip.
Conclusion:
Capital preservation > the right approach. Stay out or reduce your position until:
• ICP flow stops entering the exchange • Price holds support + confirms a clear reversal
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$ICP ⚠️ WARNING – ICP (SHORT & REALISTIC)
In about 1 hour, a series of large ICP transactions (400k–800k ICP/order) have been moving back and forth between private wallets ↔ Coinbase.
➡️ This is a sign of distribution/preparing for liquidity, not a safe buy signal.
Risks to watch out for:
• Large capital inflow onto the exchange → potential selling pressure.
• Price is in a short-term downtrend, and the bottom structure is unconfirmed.
• Whales act differently from retail, so don’t buy the dip.
Conclusion:
Capital preservation > the right approach.
Stay out or reduce your position until:
• ICP flow stops entering the exchange
• Price holds support + confirms a clear reversal
⛔ Don’t FOMO when whales are creating liquidity.