#bitcoin

🚨$BTC hit an all-time high of $123,091 on July 14, but a slight price correction has followed. Meanwhile, altcoins like $ETH (+19.98%), $XRP (+25.98%), and Solana (+8.86%) are posting impressive gains, hinting at a potential altseason.

🔍 According to Glassnode, Bitcoin whale transfers to exchanges have spiked, with the 7-day SMA nearing 12,000 BTC—one of the highest levels in 2025. This mirrors activity seen in November 2024, just before a major crypto bull run.

💸 Whale movements often signal profit-taking or capital rotation into altcoins. With altcoins outperforming BTC, are investors reallocating to higher-beta assets?

📊 The altseason index sits at 36/100, suggesting momentum but not a full altseason yet. A cross above 75 would confirm it—stay tuned!

📈 Bitcoin is currently trading at $118,377, down 0.49% in the last 24 hours.