Cryptocurrency analysts are sounding the alarm about a potential market bubble as Bitcoin demand surges near record highs, raising concerns about overheated conditions and future price volatility. Recent data from CryptoQuant suggests that whales, large cryptocurrency holders, have been accumulating bitcoin, contributing to this surge in demand. 2.8% of their holdings increased in the past month alone. This behavior signals a bullish trend, but experts warn that such extreme buying activity could signal a coming correction. The current market capitalization is nearing a resistance point with an unrealized profit margin exceeding 40%, highlighting the potential for substantial price changes.