Oct 8 — A Bybit wallet has been taking $BTC deposits in pairs today: ~33.0 BTC (~$2.7M) in the morning, then ~43.9 BTC (~$3.6M) a few hours later. Balance now sits near 269.7 BTC.
Sure, it's small next to the day's whale-sized flows — but I track the small ones too, because direction of flow matters more than size of any single deposit. Coins onto an exchange means someone is getting ready to trade, and that's worth one line in the notebook even when the numbers aren't dramatic.
Not financial advice.
#Bitcoin #BTC #OnChain #WhaleWatch
Sure, it's small next to the day's whale-sized flows — but I track the small ones too, because direction of flow matters more than size of any single deposit. Coins onto an exchange means someone is getting ready to trade, and that's worth one line in the notebook even when the numbers aren't dramatic.
Not financial advice.
#Bitcoin #BTC #OnChain #WhaleWatch