Bitcoin Bearish Signal: Whales With 1k-10k BTC Depositing To Exchanges

On-chain data shows Bitcoin exchange inflows from whales holding between 1k to 10k BTC have spiked up recently, a sign that can be bearish for the price of the crypto.

Bitcoin Exchange Inflows Spike Up Following Rally Above $24k

As pointed out by a CryptoQuant post, the BTC whales with between 1k to 10k BTC seem to have sent a large stack to…