🐳 Whale watching is a no-go, folks! According to Glassnode's lead analyst, tracking Bitcoin whale movements won't lead you to the treasure chest of "true alpha". While it's tempting to think that these big fish can influence the market with their trading tactics, the data is as clear as mud. For instance, a dormant whale suddenly splashing about could suggest a sell-off, or it could just be wallet management. So, before you get hooked on whale metrics, remember that these could be ETFs or exchanges. In other words, it's not always a Moby Dick situation; sometimes it's just a minnow making waves. 🌊