Bitcoin NUPL Signals Possible Bull Trap as Whale Distribution Grows

The post Bitcoin NUPL Signals Possible Bull Trap as Whale Distribution Grows appeared first on Coinpedia Fintech News The Bitcoin NUPL metric is flashing a warning that traders probably don’t want to hear right now. Price action might look bullish on the surface, but underneath the hood the structure of the market is starting to look… shaky. Here’s the situation. Supply distribution data shows the 1,000–10,000 BTC whale cohort shrinking, while the 100–1,000 …