<ul><li>A new study by Presto Research questions the predictive usefulness of Whale Alerts as trading signals.</li><li>The study analyzed the relationship between significant exchange deposits and price drops in Bitcoin, Ethereum, and Solana on Binance.</li><li>The results show that large exchange deposits have weak predictive power for price declines, limiting their utility as trading signals.</li><li>On-chain metrics offer insights into blockchain activity but fall short of reliably predicting short-term price movements.</li></ul>

Are Whale Alerts Reliable? Study Questions Trading Signal Use

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