Bitcoin has seen significant profit-taking activity recently. On the derivatives front, BTC liquidated approximately $590M in positions, while the spot market witnessed around $200M in selling pressure. What's interesting here is that this move aligns with earlier predictions—whale activity has dropped noticeably, and we've observed price getting rejected twice at the resistance level of the whale band. The combination of reduced whale accumulation and technical rejection signals suggests the market is consolidating at higher levels.