Analysis of the Correlation Between Whale Address Movements and Price Fluctuations of #比特币巨鲸动向

By analyzing data from the past three years, it has been found that large-scale transfers by whales have a significant correlation with price fluctuations. When the daily transfer volume of whales exceeds 50,000 BTC, the average price fluctuation range in the following 7 days reaches 15%. Notably, funds withdrawn from exchanges typically precede price increases by 2-3 weeks, while deposits into exchanges often indicate a short-term correction. The whale activity index in the past week has risen to the 'highly active' range, and in historically similar situations, Bitcoin has had an average increase of 22% in the following month. However, this correlation is not absolute, and investors need to consider other indicators for comprehensive judgment.