$GWEI on-chain data is flashing something interesting 👀
Multiple wallets depositing 100K $GWEI each into Gate exchange over the last 3 days. Consistently. Every single day.
22 hours ago — 100K $GWEI — $14.27K
21 hours ago — 100K GWEI — $14.08K
1 day ago — 100K GWEI — $12.47K
2 days ago — 100K GWEI — $12.29K
3 days ago — multiple 100K deposits
This is either coordinated selling pressure being built up — or wallets rotating into exchange for a reason.
On-chain doesn't lie. When the same pattern repeats this consistently, you pay attention.
Watch the price action around these deposit zones carefully. 👁️
#Arkham
Spot only. Futures = own risk. DYOR. NFA.