The crypto analysis company Alphractal pointed out notable movements in the Bitcoin market in its latest report.

According to the company's statement, at the level of 95,000 dollars, large investors, known as whales, have started to close their long positions while showing renewed interest in short positions.

The innovative "Whale Position Sentiment" indicator developed by Alphractal analyzes transactions of 1 million dollars and above on major exchanges and the size of open positions, presenting the trends of whales in the market. This indicator means that if it shows a decline while prices are rising, the whales are moving to short positions. Conversely, when the indicator rises, it indicates that the whales are moving to long positions, which generally correlates with an increase in prices.