Bitcoin (BTC) whales are moving large amounts of coins to exchanges in tandem with large outflows, curious new data shows.
According to the exchange whale ratio indicator from on-chain analytics firm CryptoQuant, large transactions have accounted for over 90% of recent exchange deposits.
Top 10 deposits make up 90% of exchange inflows
In a marked change from previous behavior, over the past week, whales have become much more active prospective sellers on exchanges.
