Bitcoin whales accumulate while ETF investors keep withdrawing millions daily
AI summary
Glassnode data through November 9 shows Bitcoin whales accumulating coins over a seven-day window, while spot Bitcoin ETF sessions through November 10 continued to record daily withdrawals in the millions. The divergence suggests large holders are buying even as ETF investors redeem. Traders watch this split because sustained whale accumulation alongside ETF outflows can signal a shift in who controls supply and how price reacts.
