TechFlow News, January 3rd, according to FinanceFeeds, CryptoQuant analysts pointed out: The interpretation of large-scale accumulation by Bitcoin whales in the market may be exaggerated. The commonly used "whale accumulation" indicator, if not excluding distorting factors such as exchange wallets, tends to overestimate the actual buying power. This means that currently, it cannot be simply concluded that strong support or a new bull market pattern has been established based on whale inflows.
The analysis suggests that some data reflects changes or transfers in trading activity rather than pure long-term accumulation. Therefore, investors should not overly rely on this single signal to predict market trends.
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