Data points to a significant shift in the Bitcoin market, with whales and long-term holders displaying an active accumulation strategy. Large-scale investments are being observed as evidenced by substantial exchange withdrawals of 172,000 BTC, suggesting investors are pulling their holdings off exchanges. Swissblock’s analysis reveals that while miners and short-term holders show minor distribution activity, whales and long-term holders are rapidly accumulating Bitcoin at a rapid pace, leading to a net positive position change. Exchange liquidity is also experiencing notable increases, which is historically viewed as an indicator of bullish trends. Analysts suggest this accumulation could be the calm before a major market surge in Bitcoin.