Spot trading dynamics show interesting splits across major platforms yesterday. BTC spot action on certain head exchanges stayed relatively balanced, while another major platform saw clear net buying accumulation.

Meanwhile, the futures picture told a different story—both spot and futures channels faced selling pressure, signaling some profit-taking moves.

Geographic whale patterns are worth watching: Asian institutional buyers kept building positions and pushing prices higher, but US-based whales and futures traders were having none of it, hitting bids and dragging sentiment lower. Classic offshore vs. onshore capital showdown playing out in real time.