📊 Bitcoin is causing cautious optimism among traders after breaking above $28,000 as supply on exchanges hit a 6-year low amid strong whale activity. Santiment's latest monthly report highlights several metrics that support renewed optimism. Large whale transactions, each worth over $100 million, were observed in the last days of September. These whale movements, coupled with the dwindling supply of Bitcoin on exchanges, paint a promising picture. However, caution should be exercised about the possibility of resuming short positions, especially if Bitcoin falls below $27,000.