The current Bitcoin exchange whale ratio has reached 0.64, marking its highest concentration since 2015, as the top 10 wallets now account for 64% of all exchange inflows. In February, 45,000 BTC arrived on exchanges, yet only 28,000 were reported in spot selling, leaving 17,000 BTC sitting unsold. This situation reflects a broader trend where large Bitcoin holders, known as whales, increase their influence by directing significant inflows to exchanges without necessarily triggering immediate sales. Market observers suggest these whales are potentially holding these positions while waiting for more favorable market conditions, indicative of their strategic responses amid ongoing market volatility.
Bitcoin whale ratio hits highest level since 2015
