My Latest Analysis on CryptoQuant:

Bitcoin Whale Activity Peaks, Hinting at Potential Selling Pressure

The Bitcoin Exchange Whale Ratio, calculated as the ratio of the top 10 inflows to the total inflows on exchanges, has reached levels not seen since the last year.

A high ratio indicates that a substantial portion of Bitcoin deposits is being driven by large holders, or whales.

This behavior is often interpreted as these big players actively reallocating their assets, potentially signaling forthcoming selling pressure in the market.

Increased whale activity may lead to selling pressure on Bitcoin. Monitoring exchange inflows is crucial for understanding market dynamics.