Bitcoin: Whales, Whipsaws & Wild Guesses 🐳

Apparently, a bunch of “whales” – people with enough Bitcoin to seriously disrupt things – were shuffling around on the Binance exchange a few days ago. This caused a little tizzy, measured by something called the “BTC: Exchange Whale Ratio” (honestly, who comes up with these names?). It spiked to 0.55, which, according to the experts, is a bit like noticing a very large shark circling your inflatable pool. 🦈



