Bitcoin Whales Turn Cautious as ETF Outflows and Exchange Data Weigh on BTC
On-chain data shows Bitcoin whales are not buying the dip after excluding exchange-related addresses. BTC exchange whale ratio rose to 0.504, often linked to higher selling activity during price rebounds. Spot Bitcoin ETFs recorded $681M in weekly outflows, pointing to continued institutional caution. Bitcoin trades near $90K, with technical signals warning of downside risk below...
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