Bitcoin Mega Whales Return To Selling Mode, More Downside Soon?

On-chain data shows the largest of the Bitcoin whales have returned to distribution, a sign that could be bearish for the asset’s price.
Bitcoin Investors With More Than 10,000 BTC Are Selling Again
As explained by analyst James V. Straten in a new post on X, the BTC whales, who had earlier been in a phase of accumulation, have switched their behavior to that of distribution now.
The relevant indicator here is the “Trend Accumulation Score” from Glassnode, which keeps track of