🐋 WHALE WATCH : Bitcoin is up 30%, and something is significantly different this time. BTC as now risen from around $63000 to nearly $80000 but leverage isnt increasing with the price. Open interest has actually fallen as Bitcoin has risen. New spot demand is coming in. ETF flows have become very positive. This is a very different setup than a rally driven entirely by borrowed money. A rally must attract real buyers and thats exactly what were seeing right now. If leverage starts to rise back while BTC stalls around these highs... We could lose momentum.(Whale Factor)