Bitcoin’s largest whales are in clear accumulation mode while speculators stage knee-jerk sell-offs at a loss.
Bitcoin (BTC) whales continue to “buy the dip” as BTC price weakness sees a dip below $60,000.
Data from onchain analytics platform CryptoQuant uploaded to X by contributor Axel Adler Jr. on Oct. 11 shows that whales have accumulated 1.5 million BTC over the past six months.
Bitcoin whales are wasting no time upping their BTC exposure — a trend in place practically constantly since March’s all-time highs.