Bitcoin Whales Enter Risk-Off Mode as BTC IFP Indicator Turns Red: CryptoQuant CEO

Bitcoin traders are showing increased caution, as observed by the CEO of blockchain analytics firm, CryptoQuant. Ki Young Ju highlights that whales, or large Bitcoin holders, are currently in a “risk-off” stance, as indicated by the interexchange-flow-pulse (IFP) indicator. “The Bitcoin IFP indicator turned red, indicating a shift in market sentiment among whale traders on