Bitcoin Whales Showing Different Behavior From Past Cycles, But Why?

On-chain data suggests the Bitcoin whales have been showing different behavior regarding exchange inflows from the last cycle. Here’s why this may be so.
Bitcoin Whales Are Showing Different Behavior In Exchange Inflows This Time
As an analyst explained in a CryptoQuant Quicktake post, the BTC whales’ movements have been different this time compared to the previous cycle.
The indicator of interest here is the “exchange inflow,” which tracks the total amount of Bitcoin bei