Bitcoin’s 2.7B Whale Dump Sparks Monster CME Gap

A single whale move nuked BTC by 4K in minutes — now traders are betting: rebound or September bleed?

⚡ Quick Hits

• 🐋 Whale Dump: 24,000 BTC (2.7B) sold in minutes
• 📉 Crash Impact: BTC plunged 4K, down to 111K
• 📊 CME Gap: 113,800 → 116,700 left wide open
• 🛑 Critical Support: 111,900 — next stop 103K if it breaks
• ⏳ Seasonal Trend: September = pain, October = rebound

🕳️ CME Gap Drama

Bitcoin futures on CME opened with a gaping hole between 113,800 and 116,700. Right now BTC is chilling below at 111,400 — outside the gap, outside comfort zones.

Analyst Daan Crypto Trades dropped the reminder:

“The further away price drifts, the less actionable these gaps become.”

Translation: BTC needs momentum soon, or that gap stays open and bearish vibes deepen.

📉 September Bleed, October Hope

Veterans know the script: September wrecks, October rebounds.

– Merlijn The Trader: “September = bleeds + fake pumps. October = the rebound month.” – Michaël van de Poppe: eyeing 111,900 as the accumulation zone, with deeper supports at 103K–100K if whales keep swinging.

🐳 Whales Still Rule the Ocean

The Sunday nuke came from one mega-wallet: 24,000 BTC dumped → 2.7B → instant liquidation cascade.

But here’s the kicker: that same wallet still sits on 152,000+ BTC.

Analyst ZYN calls it a trap, not capitulation:

“This wasn’t a sell-off. It was a liquidation trap. Proof whales still control the game.”

🧭 Bigger Picture: Game of Liquidity

The battle lines: – Reclaim 113,800–116,700? Gap closed, relief rally unlocked. – Lose 111,900? Hello 103K and max pain.

With September’s curse still alive, traders are bracing for more bleed before October’s usual rebound.

For now, whales hold the steering wheel. Strap in.

TL;DR

• 🐋 Whale sold 24,000 BTC, nuking price 4K in minutes
• 📊 CME gap at 113,800–116,700 now haunts the charts
• 🛑 Key support at 111,900, risk of drop toward 103K
• ⏳ September = historic weakness, October = rebound zone
• 🧭 Market remains whale-driven, not structurally bearish