The biggest news last night was this veteran whale.

An old wallet that weathered every crash since 2020 moved $377 million all at once.

The price of $BTC hasn’t budged. Moving funds instead of dumping at this scale is a statement in itself.

On-chain data added another piece of the puzzle this morning.

The cost basis of those who bought in at the highs is capping $BTC ’s upside, while selling pressure around $88,000 has eased noticeably.

A publicly listed company also added $280 million in the early hours, sending its holdings up 11%.

So when the market opens today, following this veteran whale’s lead is probably a safe bet.

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