Bitcoin Whale Activity Signals Potential Short-Term Correction, Despite Bullish Momentum

Recent data reveals a significant shift in Bitcoin’s whale activity. Over October 1-2, large holders transferred a substantial amount of BTC to exchanges. This included notable drops from 1k-10k BTC wallets and a particularly prominent transfer of 3.25 BTC from high-tier wallet within a mere two hours. These moves are raising concerns about short-term price corrections despite the current momentum.