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Whale Data Not Predictive for Traders Analysts from Presto Research analyzed on-chain whale data and found it doesn't reliably predict trading signals. Although platforms like Whale Alert are popular, major coin price changes often follow large transfers. Their conclusion: while whale deposits lack predictive power, on-chain data remains valuable for blockchain analysis and tracing illicit funds. More details: Forklog News. #Whales#Trading#Crypto#XRP#MarketAnalysis#Blockchain#Prices#PrestoResearch#WhaleAlert#IllicitFunds#CoinPrice#Finance#Tech#AI#VC