Bitcoin BTC is currently consolidating between $107,000 and $109,000, remaining just a few percentage points shy of its all-time high. While this tight range may appear stable on the surface, on-chain data suggests a shift in sentiment among some of the market's most influential participants, the large holders known as whales.Glassnode’s Accumulation Trend Score, a measure of accumulation behavior across various wallet-size cohorts, offers deeper insight into this evolving market dynamic. The metric evaluates the strength of purchasing by combining the size of wallet entities with the volume of bitcoin acquired over the past 15 days
source: https://www.coindesk.com/markets/2025/05/29/bitcoin-whales-seem-to-be-calling-a-top-as-btc-price-consolidates