On-Chain
Data that lives on the Bitcoin blockchain itself: transactions, addresses, balances. Anyone can verify it independently with a Bitcoin node. The opposite of "off-chain" (Twitter rumours, exchange order-books, internal databases).
Whale Behavior in Bull vs Bear Markets
Crypto whales · 60 seconds
Key takeaways
- Whales accumulate during bear markets when prices are low
- They sell strategically in bull runs to lock in massive profits
- Large transactions signal market sentiment shifts before retail notices
- Tracking whale moves helps predict trend reversals early
Full explainer
Whales move billions—so where do they go when markets flip? During bear markets, these mega-holders buy aggressively while everyone else panics, accumulating coins at bargain prices. Then when bull runs arrive, they don't panic sell—they strategically exit positions, taking profits as retail chases the rally. Their massive transactions create footprints we can actually see on-chain, signaling sentiment shifts before they hit mainstream. That's why tracking whale movements helps predict trend reversals. Smart investors watch the whales.
Originally posted on YouTube: https://youtube.com/shorts/TE8Ega2Jkjw
Glossary terms used in this explainer
Spot
The market for immediate delivery of an asset at the current price. Opposite of "futures" (where you trade a contract for future delivery) or "perpetuals" (perpetual-futures with funding rates). When we say "BTC price" without qualifier we mean spot.