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🚨 Bitcoin Whales Might Be Quietly Sparking the Next Altcoin Season
Whales just made their biggest move in over a year are they cashing out of Bitcoin and rotating into altcoins?
On July 17, over 61,000 BTC flooded into exchanges, according to CryptoQuant the largest single-day inflow in 12 months. Just three days after BTC hit an all-time high of $123K, whales dropped massive bags into the market. Classic profit-taking move.
But here’s where it gets interesting ⬇️
🔻 BTC dominance dropped sharply from 64% to 60% between July 17 and July 21. Historically, when dominance falls and BTC consolidates, altcoins start running. And that’s exactly what’s unfolding:
📈 Ethereum, Solana, XRP all showing double-digit gains
💥 Meme coin market cap jumped 8% in one day, now nearing $90B
📊 Altcoin Season Index surged from 32 → 56
This is no coincidence. It’s a clear capital rotation: Big players are moving out of BTC and into high-beta alts as Bitcoin cools off.
What this means for you:
• BTC is currently consolidating between $117K–$118K
• Short-term pressure could continue if whale selloffs persist
• But alts are heating up and smart money is already positioning
→ Keep an eye on BTC dominance and whale flows they’re your early warning signals.
✍️ Conclusion:
This isn’t just a dip. It’s a signal. Bitcoin whales may be triggering alt season by exiting the top and fueling momentum for ETH, SOL, and meme coins. The tide is turning make sure you’re riding the right wave.