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🚨 BITCOIN WHALE MYTH 🐳
“Whales are accumulating” sounds nice, but the data says otherwise.
On-chain shows large holder balances are declining.
Recent spikes? Mostly exchanges moving coins to cold storage, not new buying.
No fresh whale demand yet. Big money is watching, not rushing.
🐒 Comfy narratives don’t start bull runs new capital does.
✍️ Conclusion:
This isn’t the whale phase yet.
When it starts, price will make it obvious.