The past week or so has gone without any major fireworks in either direction, unlike the events from the previous one. The BTC Exchange Whale Ratio, a metric calculated as the ratio of the top 10 inflows to the total inflows on crypto trading platforms, has gone into “levels not seen since last year.” A “substantial portion of Bitcoin deposits” into exchanges is “being driven by large holders or whales,” according to CryptoQuant’s analysis.
Source: Jordan Lyanchev, 2025-03-24; https://cryptopotato.com/bitcoin-stable-at-84k-but-2-red-flags-point-to-an-imminent-correction/