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#SummerCreationCamp
Top $BTC and ETH Whales Stopped Buying - Do Saylor and Tom Lee Know Something?
I looked at the latest data, and I think the situation is more complicated than “whales stopped buying.” The pace of accumulation has slowed, but the signals are mixed rather than clearly bearish.
• Bitcoin whales added over 270,000 $BTC during a strong June accumulation wave, but balances among some large holder groups have recently flattened.
• $ETH whale addresses recovered from June lows, while roughly 500,000 ETH left exchanges.
• Still, similar whale growth has previously appeared near local market tops, so none of this guarantees a reversal.
My view: there is no clear evidence that Michael Saylor or Tom Lee know something the rest of the market does not. Both remain publicly bullish, although Lee has also encouraged Saylor to strengthen Strategy’s cash reserves and manage risk carefully. To me, this looks more like market exhaustion, ETF outflows and weaker demand slowing accumulation - not insiders quietly preparing for a hidden disaster.
$BTC $ETH