$BTC Whale delta just printed its most aggressive sell reading since October 2024.

That’s not noise. That’s size.

On the surface, structure still looks like it’s trying to hold. Nothing fully broken yet. Still feels stable if you just glance at it.

But underneath, it’s a different story.

Larger players are leaning into this level, selling into it harder than anything we’ve seen in the past 18 months.

That kind of pressure doesn’t show up randomly