Whale Accumulation Signals Late Bear Market

CryptoQuant reports whales aggressively accumulating BTC, ETH, and XRP, with ETH mega-whales up 70% since mid-2025. Valuations near realized prices suggest bear market final stage. Smart money positioning for a reversal. However, countervailing selling pressure from other whales (7,513 BTC sold in 3 weeks) adds complexity.