According to Odaily Planet Daily, CryptoQuant founder Ki Young Ju said that the current market volatility is just a game in the futures market. The real whales are driving BTC up through spot trading and OTC markets, and on-chain data is crucial.
Diamond hand whales have not received particularly high returns, and whales that entered the market in the recent bull market have hardly made any profits. They are unlikely to sell on the trading platform until liquidity from retail investors begins to flow in.
New whale addresses are accumulating BTC like crazy, and the BTC market has never seen such coin hoarding behavior. New whale addresses have almost no correlation with ETFs.
