Are Whales Distributing? New Data Raises Bitcoin Concerns

According to a report shared by CryptoQuant, recent exchange and stablecoin data point to a developing risk-off structure for Bitcoin. Elevated whale deposits to Binance, combined with large USDT burn events, suggest that liquidity is tightening while large holders may be positioning for distribution. source: https://www.ethnews.com/are-whales-distributing-new-data-raises-bitcoin-concerns/