According to CryptoQuant, for the first time in six months, the 30-day percentage change in total whale supplies has turned negative. From January to June 2025, large holders increased their supplies from 3.28 million BTC to 3.55 million BTC, supporting the price rise. Now the trend has reversed: net accumulation has changed to distribution — the first signs of profit-taking.
Historically, a decrease in the metric coincides with corrections. The nearest support is $105,000. This is an area of interest for institutional buyers. A psychologically important level in the near future will be $110,000. According to CoinMarketCap, at the time of writing, Bitcoin is trading at $108,149.
