The article discusses the increase in exchange inflows by Bitcoin whales, which are investors with a large volume of coins. Short-term holders, who hold coins for a maximum of 155 days, have also become more active. Short-term holders now dominate exchange inflows at 82%. This shift in Bitcoin trading behavior may be influenced by the increased interest in trading short-timeframe moves and tapping into market volatility. Whales accounted for 41% of total inflows in July. The article also mentions other contributors to sell-side activity, such as mining pool transactions and miners potentially hedging profits. The content does not provide investment advice and encourages readers to conduct their own research.

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