maartunn

Exchange Whale Ratio above 85% 😖

Let's talk about the Exchange Whale Ratio. The ratio is calculated by: Top 10 transactions divided by total inflows. In the bull market, this indicator is likely to keep below 85%. In the bear market, this indicator normally keeps above 85%. I won't call it a bear market, but it is concerning me that the indicator is above 85% since the beginning of the year. As always; take care and use good risk management if you're on any positions.