Watch out: Major Bitcoin holders are actively unwinding their long positions in the current market cycle. This shift in whale behavior is worth paying attention to, as large-scale position closures often precede notable price movements. When whales start scaling back bullish bets, retail traders and smaller holders typically face increased volatility and potential downside pressure. The move suggests these sophisticated market participants may be taking profits or repositioning ahead of upcoming macro catalysts. Keep an eye on on-chain data and whale wallet movements—they frequently signal turning points before the broader market reacts.