Whales are buying? Really?

Read that countless times in the last two days.

So, I analyzed the Bitcoin data.

The chart below shows the number of $BTC trades at Binance, separated by the trade volume (50k, 100k, 500k, and 1m).

▸ Buys outnumber sells when it comes to trades above 50k and 100k.

▸ BUT: The number of sells with a 500k volume is almost double the number of buys. And, the sells above 1M are three times higher than the buys.