Bitcoin Whales Sending More Coins to Exchanges Could Signal Bull Run in 2023

Bitcoin whales sending more BTC to derivative exchanges signals a bull market and willingness to take risks.

Indicator tracking flow between Coinbase and derivatives above 90-day average predicts bull runs.

Analyst Ki Young Ju closely watching this metric as a bull run signal.

BTC price currently $27,423, down 1.3% in last 24 hours.

Analyst notes investors adopting a "risk-on attitude" again could signal 2023 bull run.