Whales are sending more BTC to exchanges than they have in months.
The 7D SMA just hit ~12,000 $BTC one of the highest spikes we've seen since Nov 24.
Now, people will say top is in, but here’s my take:
This isn’t exit liquidity.
It’s rotation.
Altcoins are waking up, and whales know it.
BTC had a huge run. It’s normal to take profits and move into alts.
That’s how every altseason begins quiet profit-taking, then capital flows into smaller coins.
This isn’t fear.
This is positioning.
Smart money always moves first