Whales loading up the exchanges again?
BTC deposits spiking above 50K/day and ETH inflows over 1.25M â altcoins hitting two-month highs on exchange inflow too. Feels like whales are positioning for something big. Are we about to see a major shakeout or a breakout? ð€
Iâve been watching exchange inflow data and itâs getting noisy. Bitcoin deposits just jumped above 50K per day, ETH inflows spiked past 1.25M, and altcoin deposits hit a two-month high. Whales seem to be leading this move â not retail.
Historically, big exchange inflows during support tests can mean either distribution before a breakdown or final shakeout before a rally. Right now BTC is testing $60K. Are the whales selling into strength or creating liquidity for a larger move?
Iâm staying cautious but watching closely. If these inflows reverse quickly, could be the setup for volatility to the upside. If they keep piling in, maybe we get another leg down first. Whatâs your read on this? ð€

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