Bitcoin hits $79.4k, but a whale-driven wave of selling could be next – Reasons
Bitcoin Bitcoin hits $79.4k, but a whale-driven wave of selling could be next – Reasons The high amount of sidelined capital suggested investors were not fully sold on the current Bitcoin [BTC] rally. The accelerating rate of net institutional demand was the highest it had been since 2025, AMBCrypto reported recently. Yet, the cautious market sentiment was warranted, data showed. Whale activity and compressed Open Interest help explain wary BTC investor outlook The exchange whale ratio measures the relative size of the top 10 inflows to the top 10 outflows from the exchange. The moving averages help smooth out the data for cleaner interpretations. Source: CryptoQuant In a CryptoQuant Insights post, analyst Crypto Onchain observed that the 100-day simple moving average of the Binance Bitcoin Whale Exchange Ratio had reached an all-time high of 0.494. As the ratio rises, it signals increasing whale deposits onto the exchange. The 100-day moving average on the rise meant the inflows were sustained and not random noise. Therefore, despite the recent price bounce, the high whale ratio meant that traders and investors must be cautious of a whale-driven wave of selling. Capital inflows to Bitcoin are needed to keep the trend goingSource: Axel Adler Jr Analyst Axel Adler Jr observed that the futures Long/Short liquidations