My take on this chart:

When I see whales consistently buying while retail flow stays hesitant, I don’t read that as distribution. I read it as patience.

This kind of divergence usually shows up when smart money is building positions quietly, not chasing momentum. Price isn’t collapsing, but sentiment hasn’t flipped bullish either that’s the key part most people miss.

Retail typically waits for confirmation. Whales don’t.
They buy uncertainty and sell confidence.

This doesn’t guarantee upside tomorrow, but historically these phases are where positioning happens before the next real move shows itself on price.

That’s why this setup feels boring… and why it matters.