Whales Accumulate 40K Bitcoin During Recent Dip 📉

Despite Bitcoin dipping below key levels, onchain data shows that large holders often referred to as “whales” have collectively accumulated around 40,000 $BTC during the recent price drop.

This behavior reflects buying pressure from long-term holders who treat short-term volatility as an opportunity to increase their positions, demonstrating how accumulation patterns can signal potential support zones.

Tracking whale activity helps understand market dynamics and the balance between selling pressure and strategic accumulation.

Source: Glassnode