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Whale Sentiment Index

One daily score, 0–100, summarizing whether tracked Ethereum whales were net buyers or net sellers — computed from real on-chain DEX trades. Updated every minute.

Today · 2026-06-10
52
Mixed
0 = all selling  ·  50 = balanced  ·  100 = all buying
HEAVY SELLINGMIXEDHEAVY BUYING
Trade Sentiment
58.4%
Volume Sentiment
44.7%
Whale Trades (24h)
10,593
Active Whales (24h)
1,792
30-Day History

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How the index is computed

Every score is derived from real on-chain DEX trades made by the whale wallets Deep Blue Alpha tracks on Ethereum — no surveys, no social data, no price inputs. Two components are measured over the trailing 24 hours:

trade_sentiment  = bullish trades ÷ all directional trades × 100
volume_sentiment = bullish USD volume ÷ all directional USD volume × 100

Whale Sentiment Index = (trade_sentiment + volume_sentiment) ÷ 2

Trade sentiment counts every whale as one vote regardless of size — it captures breadth. Volume sentiment weights by dollars — it captures where the big money went. Averaging the two means neither a swarm of small wallets nor a single giant trade can dominate the reading.

What's excluded, and why: quote-side assets — ETH, WETH, liquid staking derivatives, all stablecoins, wrapped BTC, and gold tokens — are excluded so each trade counts once on its directional side. (A whale buying LINK with USDC produces both a LINK buy and a USDC sell in raw data; counting both legs would cancel every trade toward 50.) Also excluded: transactions classified as neutral or noise, blacklisted spam tokens, and data-error outliers above $1B; single trades are capped at $100M in the volume component. These are the same filters behind the dashboard's sentiment readings — the index and the dashboard always agree.

One value per UTC day is stored permanently; today's value refreshes from the rolling 24-hour window roughly every minute.

What the index is not: it does not measure price, social media mood, or fear. It measures one thing — whether tracked whale wallets bought more than they sold — and reports it after the fact.

Not financial advice. The Whale Sentiment Index describes past behavior of tracked whale wallets. It is not a forecast and not a trading recommendation. Past whale activity does not predict future prices. Always do your own research.
Not financial advice. All data is provided for informational purposes only and does not constitute a recommendation to buy, sell, or hold any asset. Past on-chain activity is not indicative of future results. Cryptocurrency trading involves substantial risk of loss. Full Disclaimer