Peter Schiff’s recent investment decision has ignited debate in the crypto market. Despite his long-standing criticism of Bitcoin, the economist revealed he now holds BTC through his son’s portfolio. This move coincides with a surge in short-term holder profits, raising questions about the market direction and timing of potential sell-offs. Shifts in Whale Behavior and Long-Term Holder Sentiment Indicate Potential For Market Momentum 71% increase in realized profits for long-term holders from March to May adds fuel to the bullish narrative. Short-term holder profits have also risen alongside this price surge, potentially signaling a sustained market rally if these trends continue. Peter Schiff’s shift in stance is noteworthy, especially given his history of skepticism towards Bitcoin, and has sparked renewed conversations about the asset’s future trajectory within the broader financial system.