Bitcoin has been on an upward trajectory this week, with its price pushing toward the crucial $110,000 mark. However, sustaining this momentum could prove challenging, as it has been for the last two months. Whales appear to be taking profits, which may impact Bitcoin’s ability to maintain these gains. Bitcoin Whales Sell Heavily Whale activity has been notable in recent days, with addresses holding between 1,000 BTC and 10,000 BTC, selling off significant portions of their holdings
source: https://beincrypto.com/bitcoin-whale-supply-falls-btc-price-reaction/