Sleepy Whale Index (SWI) – Whale Dormancy (No Glassnode)

The Sleepy Whale Index (SWI) is a simple, real-time, on-chain-free gauge of Bitcoin whale dormancy — built 100 % with TradingView’s native data (no Glassnode, no API keys, no paid feeds).
It answers one question every BTC holder wants to know:
“Are the big whales still asleep… or are they starting to move?”
How the SWI Works (3 ingredients, equally weighted)

Volume Sleep Score – When daily volume is far below its 100-day average → whales are quiet → score rises
Volatility Sleep Score – 30-day price volatility near multi-month lows → sideways, boring market → score rises
Time-since-ATH Score – More than 6 months since the all-time high → whales have been sitting on coins for ages → score jumps

The three scores are averaged and rounded → final SWI value (0–200,000 range).
Interpretation (the higher = the sleepier)

Below 100,000 → Green background – Whales are active / market is lively
100,000 – 150,000 → Orange background – Moderate dormancy, caution zone
Above 150,000 → Red background – Extreme whale hibernation (historically strong buy-signal territory)

Features

Works only on BTC charts and daily/weekly/monthly timeframes (forces correct usage with big red warning)
Clean table in the top-right with current SWI value
Background coloring for instant visual context
Debug label on the last bar showing all components
Two built-in alerts:
• “SWI Changed” (any movement)
• “Whale Woke Up!” (SWI drops = potential selling pressure)

Perfect for swing traders, long-term holders, and anyone who wants a quick, no-nonsense “are the whales sleeping?” meter without paying for premium on-chain data.