According to a CryptoQuant analyst, $BTC whale holdings continue to climb — a sign of ongoing accumulation. However, if this trend suddenly reverses, it could signal a potential market top, much like what happened during the 2021 bull run peak.
In 2021, a similar pattern played out: as whales offloaded their bags, $BTC corrected sharply. Investors are now watching closely — a sudden drop in whale supply could be the first warning sign of a cycle climax.
