🐳 BTC Whale Activity Spikes — Market Correction Incoming?
Hey fam,
Just spotted something interesting on the charts — the Whale Ratio (30D) for #Bitcoin just hit 0.47, the highest it's been in 7 months. That means whales (those chunky wallets 🐋) now account for nearly half of the inflows to exchanges.
Historically, when whales start moving serious size to exchanges, it hasn’t been a bullish sign. It’s often preceded a market peak and was followed by a correction, as these big players start offloading their bags.
Not saying we’re heading into a dump… but the last few times this happened, the market felt it shortly after. 👀
Anyone else keeping an eye on this? Are we topping out or just cooling off before another leg?
Stay sharp out there.
