maartunn
Whales are depositing on Exchanges š³
This morning, Bitcoin was trading around $20000. That level is iconic for Bitcoin because it was the highest price in the 2017 bullmarkt. Since then, #Bitcoin price has felt 5% towards $18800. Just before the 5% drop of #Bitcoin, Exchange Whale Ratio was increasing. The sharp increase indicate that Whales are active on depositing to exchanges. The ratio is still high, which is concerning but also a typical bear market behaviorš»