CryptoQuant: Exchange Consolidation Skews Bitcoin Whale Signals on January 2, 2026
On January 2, 2026, CryptoQuant said social narratives about a major Bitcoin whale comeback are overstating accumulation because exchange consolidations can resemble large buys onchain. Researcher Julio Moreno noted balances in 100–1,000 BTC addresses are falling in line with spot ETF outflows, while VanEck's Matthew Sigel said long‑term holders turned net buyers over the past 30 days. At reporting, Bitcoin was about $89,750.