https://www.newsbtc.com/news/bitcoin/exchange-whale-ratio-bitcoin-dump-incoming/
The "exchange whale ratio" is the ratio of the total number of top ten transactions to the total inflow of the bitcoin exchanges.
On-chain data shows that the bitcoin exchange whale ratio is starting to rise, suggesting that bitcoin may soon be dumped.
Currently, the bitcoin exchange whale ratio is above the value of 0.9. This means that the top 10 transactions are generating an inflow of over 90%.
The high value of the exchange whale ratio may also indicate that the price of bitcoin is now bearish.
