Whales bought up $BTC in the perpetual futures markets yesterday mostly at Binance, Huobi and Bybit. 

Whales-bought-up-BTC-in-the-perpetual-futures-markets-yesterday-mostly-at-Binanc

Basis ratio says it was futures-driven, and they punted long positions as open interest skyrocketed at that time. 

If this move was the ETF front-running from US whales, they are likely to use non-US exchanges to avoid blame for insider trading IMO.

Spot trading volume dominance for Coinbase is increasing lately, but not that high compared to early this year.