This rise in whale inflows to crypto exchanges signals renewed activity among major BTC holders. Such a development typically occurs before increased market volatility because large volumes of Bitcoin being transferred to exchanges may indicate upcoming sell-offs or deliberate repositioning.
In the daily inflows, the expert outlined a clear decline, which is something he believes should be carefully monitored, as whales have the ability to apply strong selling pressure, as demonstrated by the last two tops. Should this trend continue, Darkfost is confident the overall selling pressure may be lessened.
The report showed that the 7-day SMA is getting close to 12,000 BTC, which is one of the largest volumes this year and similar to the peak in early November 2024. Even though transfers from BTC whales to crypto exchanges have risen sharply, it is still below last year’s peak. However, it could be an indication of capital rotation or rising profit-taking among these big investors.
