Is the Bitcoin ship sinking.... again, or are whales just getting ready for action?

So since October of last year, many long-time (6 to 24 months) dormant BTC wallets went to active to the tune of accounting for 60% of the current circulating supply.

This author suggests that “the supply of active BTC in the market has increased 40% since the summer. A similar influx of coins into circulation preceded two major price swings in 2015 and 2017.”

https://hacked.com/are-the-whales-about-to-sink-bitcoin/