Whale Transactions Index tracks significant capital movements within
digital assets by measuring high-value transaction volumes across
multiple thresholds. The index aggregates and weights transaction data
based on magnitude to provide insights into institutional and
large-scale trading activity. The index is normalized using a wide
range of lookback windows in order to be easily modelable and
interpretable.
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Scatter plot - Whale Transactions Index and BTC 30 and 90 Day Forward Returns