According to analyst Ali Martinez, the accumulation of Bitcoin by whales has ceased, as indicated by a drop in the accumulation trend score to zero. This suggests that whales are either distributing or not accumulating Bitcoin at current levels. This shift in whale behavior could potentially signal a change in the market’s direction, as whales are typically large holders of Bitcoin and their actions can significantly impact the market. The news of halted whale accumulation comes at a time when the cryptocurrency’s future value is a topic of much debate. Despite a recent pullback, a Standard Chartered analyst has predicted a more than 100% increase in Bitcoin’s value by the end of 2024, which could indicate a significant shift in the market’s dynamics.