Short $BEAT – whales are depositing to exchanges to aggressively distribute.
Entry: Now
SL: $1.06
Over the past few hours, around $300K worth of $BEAT has been transferred from four wallets to Gate.
These tokens were accumulated about 2 months ago.
The wallets have been gradually depositing $BEAT to exchanges over the last 3 weeks, indicating a planned distribution.
They still hold approximately $700K worth of $BEAT, which is likely to be sent to exchanges next, adding further sell pressure.
👉 Conclusion: Supply-side pressure from whales remains strong — bearish setup favored.
