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Julie B
Whales adding 190,000 BTC since December looks powerful, but I would not use it as an exact bottom signal. 🐋
Large holders often accumulate while weaker hands sell, gradually absorbing available supply. That can help build a base before price reflects the change.
But whales can keep buying while Bitcoin continues lower, especially if ETF outflows, miners or long-term holders provide more supply.
For me, the confirmation is not accumulation alone. I want to see lower exchange inflows, reduced realized selling and price holding support. Whales can build the floor, but they cannot announce its exact date.
$BTC #SandiskBeatAndBuyback #CircleArcLaunch #EarningsRealityCheck
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