Major Bitcoin whales are unwinding their leveraged long positions—and this could signal what comes next.

Historically, when large holders close out their leveraged positions like this, it often precedes significant bullish breakouts in the market. The deleveraging of concentrated long exposure tends to remove overhead resistance and reduce the risk of liquidation cascades.

The timing here is interesting. With such a dramatic shift in whale positioning, we could be looking at a setup that's been observed multiple times before during market inflection points. When the biggest players start taking chips off the table in a controlled manner rather than panic-selling, it frequently indicates confidence about the next move higher.

Worth watching closely.