New findings from Santiment, a market intelligence platform, reveal that a key indicator for Bitcoin price rallies is currently showing a bullish signal. According to Santiment, when wallets holding at least 10 BTC start accumulating, the price of Bitcoin tends to increase. Conversely, when these wallets sell, extended bear markets typically follow. Santiment also notes that there is a correlation between the activity of deep-pocketed crypto investors and the price of digital assets. They explain that significant transactions by these investors can often indicate price reversals. If prices are rising during a spike in whale transactions, it is more likely that prices will correct and drop. Conversely, if prices are falling during a spike in whale transactions, there is an increased likelihood that prices will bounce back up. Santiment acknowledges that while many whale investments are driven by genuine reasons such as excitement about the technology or anticipation of added exposure, there are instances where whales pump the market without a clear reason. At the time of writing, Bitcoin is trading at $67,383, reflecting a 1.6% decrease in the last 24 hours.