#BTCWhaleMovement
What This Reveals About On-Chain Sentiment
Long-term HODLing continues: On-chain metrics show long-term holders keep their coins off exchanges, with fresh whale movements not triggering profit-taking behavior .
According to Glassnode, the Long-Term Holder Supply is at an all-time high, and the adjusted Spent Output Profit Ratio (aSOPR) remains near breakeven—meaning the recent transactions came from recent holders, not these ancient wallets .
Institutional inflows remain robust, with spot Bitcoin ETFs seeing around $2.2 billion in weekly inflows .