Most common motives 👇

Sell or rebalance

trimming exposure or rotating assets.

Prepare liquidity

keeping dry powder ready for fast trades.

ETF / custody flows

internal shuffling tied to products from firms like BlackRock.

Collateral for derivatives

funding futures or options positions.

OTC settlement

large off market deals still clear via exchanges

Deposits = intent to act. Not always bearish

But it usually means volatility is loading. #WhenWillBTCRebound