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![glassnode Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1022821051187822593.png) glassnode [@glassnode](/creator/twitter/glassnode) on x 582.5K followers
Created: 2025-07-18 13:38:00 UTC

Transfers from #Bitcoin whales to exchanges are accelerating.
The 7D SMA is approaching ~12K $BTC - among the highest volumes this year, and comparable to the spike in early Nov '24.
Still below last year’s peak, but likely signals rising profit taking or capital rotation.

![](https://pbs.twimg.com/media/GwIjrOeWcAEOm6g.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946202798103933181/c:line.svg)

**Related Topics**
[signals](/topic/signals)
[$btc](/topic/$btc)
[exchanges](/topic/exchanges)
[whales](/topic/whales)
[#bitcoin](/topic/#bitcoin)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)

[Post Link](https://x.com/glassnode/status/1946202798103933181)