Title: “CryptoQuant Data Shows Record High of Bitcoin Whales Holding; Bullish Long-Term Signal?” Article Body: According to recent data from Cryptoquant, Bitcoin whales currently possess around 670,000 Bitcoins, marking the highest value ever recorded. This information indicates a positive long-term outlook for the cryptocurrency market. However, history has shown that when whale holdings reach such high levels, Bitcoin’s price often remains relatively stable or experiences slight dips. This period of stagnation may foreshadow a significant shift in the near future. The true potential growth of Bitcoin occurs when these whales begin reducing their holdings significantly, leading to a negative percentage change in possession. If Bitcoin fails to set new all-time high records during the timeframe between the United States presidential election and November 28th (+/- 21 days), it could signal that the current bull cycle may have serious issues and potentially take a turn for the worse.

Examining the chart reveals that when whale holdings reach peak levels, Bitcoin typically experiences sideways trends or slight downturns. The accumulation phase can be seen as a period of calm preceding a potential storm in the medium to long term. If Bitcoin fails to surpass its all-time highs between the U.S. [Source link](https://m.theblockbeats.info/news/267877)

Source: https://coinbuzzfeed.com/bitcoin-whale-holdings-hit-all-time-high/ This undoubtedly signals a positive outlook for the long term. BlockBeats News reported on October 25 that according to CryptoQuant data, Bitcoin whales currently possess around 670,000 Bitcoins, marking the highest value ever recorded. Bitcoin’s significant growth surge occurs when whales progressively decrease their holdings until the percentage change in holdings turns negative. presidential election and November 28th (+/- 21 days), it may suggest that there is a serious issue with the current bull cycle and events could take a turn for the worse.