$BTC & $ETH are converging - while stablecoin whale share is rising.

Both Bitcoin and Ethereum are moving in sync on the downside.
That kind of convergence usually matters - not because of price, but because of what capital does next.

At the same time, the percentage of stablecoin supply held by whales ($5M+) is creeping higher.
That tells a simple story: capital is rotating out of risk and into stables.

There was a brief attempt at reversal - a small pause where funds looked ready to redeploy - but it stalled.

Right now, the flow looks neutral.

When both majors move together and large players prefer stables, the market isn’t betting - it’s watching 🧸 DYOR
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