Bitcoin Whale Selling Pressure Continues As BTC Dips Under $20k

On-chain data shows Bitcoin whales have continued to put selling pressure on the market as the price of the crypto now drops below $20k.
Bitcoin Exchange Whale Ratio Has Spiked Up To High Values
As pointed out by a post from CryptoQuant, the exchange inflows that followed the US CPI release lead to the price crashing 10% in only a couple of hours.
The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top 10 Bitcoin transactions to exchanges, to the