Lately, Bitcoin's on-chain data has revealed some curious whale movements—particularly large inflows to exchanges like Binance and Kraken, hinting at a potential distribution phase. On July 3rd, an address linked to early accumulation shifted over 2,000 BTC, causing a minor ripple across spot markets. Whether this is pre-sell positioning or strategic reshuffling ahead of macro catalysts like U.S. payroll data, it’s sparking caution among retail traders. I’m keeping a close watch on whale clusters forming near the $60.5K support zone, as their behavior could set the tone for BTC’s next leg. Whales swim in silence, but their ripples speak volumes. #BTCWhaleMovement 🐳
