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BTC Whale Profit > $208M — Distribution or Rotation?
Whale realized profit just crossed $208M — a level that often appears near local tops or short-term distribution phases.
When whales lock in profits: • Supply increases
• Liquidity gets tested
• Market structure shows its strength
Now the key is price reaction.
If price holds support while profit-taking cools → likely healthy rotation.
If support breaks and profits stay elevated → distribution is winning.
$208M isn’t the signal.
Absorption is.
$BTC #Bitcoin #Crypto