CW8900
The Bitcoin whale ratio on exchanges shows that the current level is close to bottom.
In general, $BTC whales on exchanges increase activity at the bottom, while retail investors leave the market in fear. When the whale ratio on exchanges exceeds 0.8, it usually marks a short-term bottom. And now, for the first time since July 2024, the whale ratio on exchanges has surpassed 0.8. If history repeats itself, the current price range represents a bottom.