When market interest wanes, trading volume naturally declines. During these periods, the footprints of whales — their market buy and sell orders — tend to become more visible.
On Bybit, whale accumulation has historically appeared when overall market attention is low or when investor sentiment is dominated by fear. In many of these cases, their buying activity preceded actual upward price trends.
This pattern appears to be repeating now, having continued since the price bottom in April. Given this consistency, I believe the reliability of this signal is even stronger at the current stage.
Written by Mignolet