While $BTC grinds higher, exchange netflows remain negative — coins consistently leaving exchanges.

Yet the Taker Buy/Sell Ratio is back under 1.0 — showing more aggressive sellers than buyers in recent days.

📊 This divergence is telling:

Retail is de-risking.

Whales are quietly accumulating.

No panic spikes in inflows → no major distribution yet.

If sell pressure keeps rising but price holds, expect a short squeeze setup.

This is the kind of stealth accumulation that fueled past expansions.

Onchain Edge Bias: Accumulation under pressure bullish continuation likely.

Written by Onchain Edge