🐋 WHALE WATCH: $64 BILLION. Thats how much has exited SPY and QQQ in the last 3 months. We havent seen a capital flight this aggressive since the first quarter of 2023. The market isn't just correcting it is being hollowed out. The Kobeissi Letter just confirmed what the charts have been screaming: The risk on era of 2025 is officially over. Bear market rally or the start of something much deeper? Drop your play below.(Whale Factor)