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Post #3016
@alpha_updates
Alpha updates. 🪓
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Whale balance topped out around August 2025. Since then, it’s been steady distribution. Roughly 450-500k BTC has been sold so far and almost 200k BTC of that dumped just in December. That’s not light selling. Key detail people missing is this wasn’t old whales exiting. The bulk of the supply came from new whales fresh big players distributing hard. And yet… price didn’t break. December held up surprisingly well. Every dip kept getting bought, mainly by Sharks (100-1k BTC) stepping in and absorbing supply.