Bitcoin (BTC) whales may be signaling a possible rebound for the asset, which has been undergoing consolidation in recent sessions while attempting to hold above $70,000. In this line, data from CryptoQuant shows the Exchange Whale Ratio, an on-chain metric tracking the share of large transactions flowing into exchanges, has surged to its highest level in six years, last seen in the previous market cycle. Historically, sharp spikes in this metric have coincided with short-term price bottoms during consolidation phases before Bitcoin resumes bullish momentum. Exchange Whale Ratio