๐ณ BTC Whale Activity Spikes โ Market Correction Incoming?
Hey fam,
Just spotted something interesting on the charts โ the Whale Ratio (30D) for #Bitcoin just hit 0.47, the highest it's been in 7 months. That means whales (those chunky wallets ๐) now account for nearly half of the inflows to exchanges.
Historically, when whales start moving serious size to exchanges, it hasnโt been a bullish sign. Itโs often preceded a market peak and was followed by a correction, as these big players start offloading their bags.
Not saying weโre heading into a dumpโฆ but the last few times this happened, the market felt it shortly after. ๐
Anyone else keeping an eye on this? Are we topping out or just cooling off before another leg?
Stay sharp out there.
