There are two ways to check whale deposits on the exchange to see the possibility of whale dumping, and if these two indicators say that there are many whales on the exchange, Bitcoin price is likely to be bearish or going sideways.
It's the average amount of bitcoin deposited into all exchanges. Our users usually utilize this indicator with a 24-hour moving average(or 144 blocks - 10 minutes for block interval). In the 144-block moving average chart, if this indicator goes over 2 BTC during the surge, Bitcoin whale dumping is likely to happen. If it goes below 2 BTC immediately after the dip, it means victim whales are depositing to exchanges but not sold them.
The exchange Whale Ratio is the relative size of the top 10 inflow transactions to total inflows. In the bull market, it often keeps below 85%. On the other hand, in the bear market or fake bull for a mass-dumping, it usually keeps above 85%.