Whales are leaning toward long positions while retail traders do the opposite, Joao Wedson notes

Whales are leaning toward long positions while retail traders do the opposite, Joao Wedson notes
Whale and retail positions diverge

Whales are favoring long positions on multiple exchanges, while retail traders are taking the opposite approach. Joao Wedson highlighted that this dynamic is reflected by what he called the Whale vs. Retail Delta.

Joao Wedson has recently observed that Bitcoin's buy and sell pressure delta has turned negative, suggesting renewed bearish control over the cryptocurrency market, according to one of his previous updates. He has also examined whether Bitcoin’s long-standing cost basis indicator remains reliable in current conditions, as detailed in an earlier analysis. These observations provide additional context for the ongoing divergence between whale and retail positioning.

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