Tools that track “whale activity” can provide real-time insight into how capital is moving in digital assets such as bitcoin and liquid staked ether and can inform investing decisions.
Host Joel Flynn takes a deep dive into how smart money is planning for the next bull cycle. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Glassnode data shows the so-called smart money flows out of exchanges continue to reign supreme. Generally, “smart money” dominates exchange flows, according to Zerocap. If bitcoin is leaving exchanges, it can indicate an intention to hold. Conversely, when bitcoin moves onto exchanges, it can indicate an intention to sell.