A significant move by a prominent cryptocurrency whale, Machi Big Brother, has sparked concern about an impending crypto market crash. Closing all long positions, they have secured over $33.8 million in profits. This comes amid signs that both Bitcoin and Ethereum are overheating. The charts show double rejections on Bitcoin with the price hitting resistance at $120,000 twice without breaking through, while Ethereum has been relentlessly rising with minimal resistance. Is this a signal of an impending crash or just a profit-taking move? Experts believe that the low volume during breakout attempts points to lack of buying pressure and Bitcoin’s narrowing range could lead to sharp moves if momentum falters. Ethereum is on its way to $4,700 but RSI exhibits bearish divergence suggesting a slowdown in momentum despite price gains. Compared to previous surges, trading volume on this latest leg is lower, which might signal dwindling buyer enthusiasm. Several factors point towards this whale’s action: **Overbought technical indicators:** With divergences indicating potential corrections, both Bitcoin and Ethereum are overextended above crucial moving averages. **Re-distribution phase:** During periods of retail frenzy, major players often sell their holdings to redistribute liquidity before a market reversal. **Is there more pain ahead?** While whale exits at local highs have preceded sharp pullbacks in the past, this could simply be profit-taking ahead of short-term consolidation. However, if Bitcoin fails to break $120,000 and Ethereum’s divergence turns reality, it could lead to further retracement, followed by a potential bounce if new buying pressure emerges. It now depends on whether retail demand can cover the void left by these whales.**