🐳 Who's Gobbling Up Bitcoin?
🔵 MEGA WHALES (10k+ BTC)
- Buying 900 $BTC /day (3x daily supply)
- ETFs + nation-states
🟢 MID WHALES (1k-10k BTC)
- 60+ new wallets since March
- OGs & hedge funds
🔴 RETAIL (<10 BTC)
- Net sellers
- Depositing to exchanges
🔍 Key Insight:
"Smart money buys when weak hands sell. This divergence last appeared before the 2024 120% rally."
Simplified: ”When whales eat dips, rallies follow.”
