Recent on-chain metrics indicate significant Bitcoin movements, with large holders, or 'whales', transferring substantial amounts of BTC, often to exchanges. This activity is typically associated with potential market shifts. Additionally, a spike in exchange inflows has been observed, which can signal either bullish or bearish trends depending on broader market conditions. Conversely, Bitcoin leaving exchanges is generally seen as a bullish sign, suggesting increased self-custody by investors. These insights are derived from data provided by analytics platforms such as Glassnode and CryptoQuant.