CryptoQuant analysts are flagging a notable shift in Bitcoin market behavior, with whale investors appearing reluctant to take profits because they view the current price as undervalued. The on-chain analytics firm points to falling selling pressure, a moderate Net Unrealized Profit/Loss level, and a declining Whale Ratio as evidence that large holders are positioning for potential upside rather than distribution.
The bullish signals have been reinforced by a sharp increase in spot trading activity. According to CryptoQuant, Bitcoin spot volume has jumped 3 to 4 times, while whale inflows have consistently exceeded 2,000 BTC per hour and average deposit sizes have climbed above 50 BTC. Binance has captured the largest share of this spot volume, suggesting concentrated liquidity and strong exchange-level participation.
Broader market engagement is also rising, with altcoin deposits reportedly tripling during the same period. CryptoQuant notes that this combination of whale accumulation behavior and elevated trading interest could support renewed bullish momentum, with traders closely watching the $80,000 level as a key area for potential momentum shifts.
While the overall market still shows mixed signals, the current data suggests cautious optimism. Declining sell-side pressure and rising whale inflows indicate that major investors may be preparing for another leg higher, although traders remain attentive to broader risk conditions that could shift sentiment quickly.
