Bitcoin Exchange Whale Ratio 30-Day SMA Jumps To 0.6 As Large Holders Dominate Inflows

According to on-chain data shared by CryptoQuant community analyst Maartunn on X, Bitcoin’s Exchange Whale Ratio 30-day simple moving average has climbed to 0.6 after a sharp rise during the latest price pullback. The ten largest deposit transactions now account for 60% of total exchange inflows, signaling that large holders may be exerting selling pressure while BTC trades near $68,400. The Bitcoin Inter-exchange Flow Pulse has also flipped back above its 90-day moving average, hinting at a recovery in derivatives-related activity.