Whale Ratio on $BTC spot exchanges indicates the short-term bearish trend started.
Historically, if this indicator goes above 95%, meaning 95% of deposits are from the top 10 deposits, the market is likely to be bearish or going sideways.
Chart
https://bit.ly/3lP2sr3
Historically, if this indicator goes above 95%, meaning 95% of deposits are from the top 10 deposits, the market is likely to be bearish or going sideways.
Chart
