Are whales distributing Bitcoin right now?
On-chain data shows increased large wallet activity — but it’s unclear what it means.
🔹 Bearish view:$BTC
Cooling momentum + active whales = possible quiet distribution before volatility.
🔹 Bullish view:
Exchange reserves are tight, no heavy spot selling, trend still intact → likely repositioning, not exiting.$BTC
Bottom line:
No clear proof of selling — but whales are moving.$BTC
And when they move, volatility usually follows.
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