I remind you Onchain data is just a stat! And can be changed any time! So anyway this cycle still not reach euphoria and TOP!
Volumes of withdrawal of BTC from exchanges by whales reached a 9-year high
In July alone, large holders withdrew 84,000 BTC. Such data are recorded by Glassnode analysts.
Experts note the fastest pace of movement of bitcoins from exchanges since 2015.
Such a trend may indicate that the whales do not plan to sell BTC, or they can sell it little bit later!
Also remind you Whales need not a discount, or TOP, they need TIME. For accumulation and distribution big position.
