Whales have been accumulating massive amounts of Bitcoin during the recent market downturn, highlighted by a significant transaction on February 6th, when 66.94k Bitcoin flowed into accumulator addresses. This substantial inflow aligns with the common behavior of crypto whales, who often increase their Bitcoin holdings during price dips, viewing these as opportunities based on Bitcoin’s long-term growth potential. This pattern is a familiar aspect of Bitcoin’s market cycles, reflecting a bullish sentiment among large holders despite short-term price fluctuations.
Bitcoin sees significant accumulation by whales during market dip
