According to Santiment and ThinkingCrypto1, current on-chain data indicates that retail investors have significantly reduced their Bitcoin holdings, potentially setting the stage for large holders or 'whales' to drive a new price surge. The discussion highlights that if Bitcoin approaches its $112K all-time high, it could trigger increased volatility and trading volume across related altcoins like Ethereum, XRP, and Solana (Source: Santiment, June 9, 2025). This environment provides active traders with key opportunities as whale accumulation typically precedes major price movements. Monitoring whale activity and retail sell-off metrics is critical for anticipating short-term crypto market direction.