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Kaiko: An Analysis of Whale Trade Size and Direction

By Noelle Acheson
Updated Sep 9, 2025, 5:59 p.m. Published Jul 8, 2020, 7:40 p.m.
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Directional bets drive inflows into bitcoin ETFs. (kalhh/Pixabay)

Crypto market data provider Kaiko looks at “whale trades” on 11 exchanges, with some surprising findings.