In response to a dip in Bitcoin prices, significant investors, referred to as 'whales,' seized the opportunity to purchase Bitcoin substantially. Within a short period of just four days, these investors collectively bought approximately $192 million worth of Bitcoin.
This aggressive buying strategy by whales suggests that they perceive the current price reduction as a potential investment opportunity, betting on future price increases.
The action taken by these whales highlights the influence major investors have on the cryptocurrency market, with their moves often signaling broader market trends.
Source: en.bitcoinsistemi.com ↗