🐋 Whales Are Shifting: Bitcoin Faces Resistance While Altcoins Rise 🚀
Whale activity is sending strong signals across the crypto market. On July 7, 10,000 BTC was withdrawn from exchanges, indicating a strategic move to hold rather than trade. The next day, Santiment reported a surge in whale transactions over $1 million, highlighting growing institutional interest. Despite Bitcoin’s strength, resistance near recent highs and cooling technical indicators suggest a slowdown. Meanwhile, altcoins like Ethereum and Solana are gaining traction, with increased accumulation and inflows of stablecoins into altcoin-focused exchanges. This suggests whales are diversifying to capture more upside potential. As investment tactics evolve, altcoins could be the next big opportunity for savvy traders.