Analyst reports indicate a potential for further Bitcoin price drops as large exchange deposits from whales suggest investors are preparing to sell. CryptoQuant, citing increased exchange inflows exceeding $9,000 on November 21st when the price dipped to $80,600 (its lowest in seven months), notes that this pattern points towards impending market-driven downturns. The majority of Bitcoin sent to exchanges came from high deposits of 100 BTC or more, reaching a peak of 7,000 BTC on a single day, indicating significant selling activity by whales and investors. This trend has contributed to an average Bitcoin deposit value of 1.23 BTC in November, marking the highest level in a year.