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Recent data from Glassnode indicates a significant change in the behavior of whales (large holders of cryptocurrencies) in the market. Previously, during the price peaks observed this year, these large investors were in a net accumulation mode, meaning they were buying more assets than selling.
However, this trend has reversed. Currently, the whales have shifted to a net distribution pattern, with a score around 0.3. This means they are selling more cryptocurrencies than they are buying. This movement may have important implications for market dynamics, as whale actions often precede or influence price movements.