🔍 Why Track Whale Activity?
Whale movements often precede major market moves. By tracking when large sums of $BTC are moved to or from exchanges, cold wallets, or other whales, traders can gain a strategic edge. For example:
BTC moved to exchanges = Potential sell-off or bearish signal
BTC withdrawn to cold wallets = Long-term holding or bullish sentiment
Large peer-to-peer transfers = OTC deals or institutional restructuring
