Bitcoin price dropped below $92,000, more than 10% from its recent high of $103,900, triggering liquidations exceeding $1 billion within 24 hours.
BTC whale accumulation and Institutional investments, including spot Bitcoin ETFs holding over 1.1 million BTC, continue to bolster confidence.
A prominent Bitcoin (BTC) investor has increased its positions by buying 600 BTC for $58.85 million after the market corrected sharply. The investor bought the BTC stash when the price of Bitcoin was falling from its recent all-time high at $100,000, creating an accumulation opportunity.
Bitcoin Whale Accumulation In Price Dips
The investor has bought a total of 1,300 BTC valued at $127 million in the last fortnight while prices declined. On-chain data shows transactions were carried out using Binance’s hot wallet, which is commonly used for high-volume transactions. The purchases included two separate acquisitions, where 300 BTC were acquired in each acquisition.
According to Whale Alert data, ano

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