Bitcoin’s supply dynamics are shifting, with ‘sharks’ accumulating a record amount of coins and long-term holders increasing their holdings. This is occurring amidst signs that the Bitcoin bull run may be reaching its peak in the coming months. 65,000 BTC were scooped up by large investors in just one week, while other traders are experiencing volatility. Long-term holders are stacking their assets and coins are being moved away from exchanges, creating a potentially powerful supply squeeze. Analysts believe this increase is driven by strong conviction buyers amidst recent price fluctuations. Bitcoin’s fourth cycle is now entering its crucial phase as the market approaches what could be an October or November peak. CryptoQuant analyst xwinfinance on XWIN Research Japan has stated that ‘sharks’ (holders of 100-1,000 BTC) have added a record-breaking 65,000 BTC in just seven days, with their total now standing at a staggering 3.65 million BTC. A combination of on-chain signals and shifting market behavior supports this trend. Long-term holder (LTH) net position change has turned sharply positive, suggesting that experienced players are accumulating, rather than distributing. This is further confirmed by consistent outflows of Bitcoin from exchanges as investors move their holdings to cold storage. The current accumulation trend suggests that structural forces, not short-term trading fluctuations, are driving the market dynamics. Crypto analyst JDK Analysis points towards a potential supply squeeze. The latest Bitcoin cycle, beginning in 2020, is nearing its end and may peak by October or November. This prediction aligns with historical patterns of four distinct cycles from 2012 to 2027, each marked by halving events and peaks. However, it’s worth noting that the cycle’s length does not guarantee a fixed timeline for a peak. Short-term corrections can still occur if market speculation leads to excessive leverage.