Unpopular Opinion: Bitcoin whale watching is 'useless' in speculative trading.
Watching Bitcoin whales (big investors with a lot of Bitcoin) won't give you any real trading advantage. It might be popular for guessing market trends, but it's not actually useful.
While these whales can impact the market, their actions can be read in many ways and don't give clear signals.
For example, if a big Bitcoin wallet that’s been inactive suddenly starts moving coins, it might look like they're planning to sell, especially if the coins go to an exchange. But even if a lot of Bitcoin is sold quickly, it doesn’t always mean a big sell-off is happening.
Often, these moves are just part of managing multiple wallets and accounts, especially for big firms and institutions. The data is messy, and most of the big wallets are likely just ETFs and exchanges moving money around. Honestly, it's just attention-grabbing stuff with no real value.
