🐳 Bitcoin Whale Activity: Potential Sell Signals as Prices Approach Their Peaks
At the end of May 2025, data indicates a shift in the behavior of Bitcoin whales, as they moved from an accumulation phase to a distribution phase. According to the "Glassnode’s Accumulation Trend Score," the value dropped to 0.4, indicating an increase in selling activity by large entities.
Additionally, significant transfers of Bitcoin to exchanges have been observed, which may indicate intentions to sell or take profits.
Despite this, there is still notable buying activity from some whales, with approximately 2,571.75 Bitcoin purchased, worth nearly $280 million, on the Binance and Kraken platforms within a few hours.
