Analyst: The current price indicates that whales have not shown any intent to take profits and are still waiting for the market to become significantly overheated.
ChainCatcher news, CryptoQuant analyst Dan released a chart analysis stating that Bitcoin is nearing its historical peak, but no significant profit-taking by whales has been observed. Whales do not seem to have the intention to take profits at this price level and may wait for higher prices or act after the market shows significant overheating and bubble formation.
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Analyst: The current price indicates that whales have not shown any intent to take profits and are still waiting for the market to become significantly overheated.
ChainCatcher news, CryptoQuant analyst Dan released a chart analysis stating that Bitcoin is nearing its historical peak, but no significant profit-taking by whales has been observed. Whales do not seem to have the intention to take profits at this price level and may wait for higher prices or act after the market shows significant overheating and bubble formation.