Bitcoin Bearish Signal: Whales Ramp Up Dumping

On-chain data shows the Bitcoin exchange whale ratio has started to sharply rise, a sign that these humongous holders may be beginning to dump.
Whales Are Behind Almost 90% Of Bitcoin Exchange Inflows Right Now
As pointed out by an analyst in a CryptoQuant post, whales may be ramping up dumping, a sign that could be bearish for the price of BTC.
The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top ten Bitcoin transactions to exchanges and the