I just saw that Bitcoin's sprint toward $90,000 hit something unexpected: 16,653 BTC were sent to exchanges in a short period of time. The thing is, this usually triggers alerts about possible selling pressure, you know?

But what's interesting is that the spot markets didn't crash as one would expect. In fact, they continue to show quite a bit of resilience, which suggests that people see value at these current levels. It's not typical when you see that volume of movement.

I'm watching the flows to exchanges because they are a key indicator. The BTC rally remains the main story, but these whale movements are the ones that can really change sentiment. We'll see what happens in the coming hours.