revealed that BTC’s exchange reserve was rising. Not only that, but BTC’s aSORP was red, suggesting that more investors were selling at a profit.’s supply on exchanges increased while its supply outside of exchanges went down, which was by and large a bearish signal.
Positive sentiments around BTC also seemed to have declined over the last few days, which was evident from the weighted sentiment metric.Despite all the negative signals, things might continue to remain in BTC’s favor in the near term. Santiment revealed that BTC recently witnessed the largest whale transaction of the year. 40,157 BTC were sent to a whale address recently, which earlier held a high of 143,310 BTC.
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