Machi Big Brother ā one of todayās most influential crypto whales ā has just closed every single long position, locking in over $33.8M in profits. The timing has traders on edge.
Both Bitcoin and Ethereum charts are flashing signs of an overheated market. Bitcoinās daily chart has now printed a double rejection at the critical $120,000 resistance, failing twice to break through. Ethereum, meanwhile, keeps pushing higher, now aiming for $4,700, but its RSI shows bearish divergence ā a red flag that momentum may be fading even as price rises.
š Why the Whales Are Exiting
Weak Breakouts ā Low trading volume on BTCās resistance tests suggests buyers are losing strength.
EMA Squeeze ā The 26-day and 50-day EMAs are catching up to price action, signaling a potential volatility spike.
Overbought Levels ā Both BTC and ETH are trading well above key moving averages.
Redistribution Phase ā Retail FOMO is peaking, often the moment when whales quietly offload their positions before a reversal.
History shows whale exits near local highs have often been followed by sharp pullbacks. Still, this could also be strategic profit-taking before a short consolidation ā especially if fresh buying pressure steps in.
If Bitcoin canāt break $120K or ETHās divergence plays out, we could see a deeper retracement. But if sentiment flips and retail demand fills the gap, this may just be a shakeout before the next leg up.
