This indicator shows upcoming bull runs for Bitcoin, Ethereum santimentfeed $BTC $ETH whale_alert
In the meantime, Whale Alert has detected several big BTC amounts withdrawn from the Coinbase exchange to cold wallets.The Santiment analytics team has tweeted that investors continue to move their Bitcoin and Ethereum stashes from crypto exchanges to cold storage wallets. The supplies of these two major cryptos on trading platforms have been shrinking and moving into self-custody.
Santiment wrote that even if this is not a perfect indicator, still overall this hints at future bull runs, but these coins need enough time to play them out. At press time, Bitcoin is trading at $26,905. Ethereum is changing hands at $1,814 per coin, according to CoinMarketCap.
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