$BTC
Every real rally since November had one thing in common — Whale Delta flipped green first. No exceptions.
This metric basically shows what the biggest wallets are doing. When it turns red, it means large players are unloading, not stepping in to buy weakness. And when smart money distributes, price rarely sustains upside for long.
Even during the push toward $97K back in January, Whale Delta was already rolling over while price kept drifting higher. That move was driven mostly by late buyers chasing momentum, not strong accumulation. Once that demand dried up, the breakdown followed naturally.
At the moment, Whale Delta is sitting around -9.96, which is one of the weakest readings we’ve seen since the October ATH. Large players have stayed net sellers throughout this entire drop, and there hasn’t been any meaningful shift yet.
Until this indicator flips back green, any bounce is likely just relief, not a rally you can truly trust.
