Smart money is getting active — and the order flow is sending mixed signals. Over the past 24 hours, several large orders have hit the tape: • $21.92M BTC spot buying • Another $10.27M BTC spot buy cluster • $86.76M BTC perp short closed around $85.4K • $53.64M ETH perp position closed • Meanwhile, SOL has a $52.09M sell wall overhead, with ~$24.95M stacked around $120–$122 The interesting part isn’t whether this is “bullish” or “bearish.” It’s the behavior: BTC is seeing real spot demand while large derivatives positions are being unwound. SOL, meanwhile, is still facing concentrated sell-side liquidity. That’s the flow I’m watching now. If the BTC spot bids keep showing up, that matters. If the SOL wall gets absorbed — or suddenly pulled — that matters even more. Watch the orders, not the noise. Data: AiCoin NFA.