Accumulate

Solana

Bitcoin

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<h1 id="bitcoin-whales-accumulate-47-000-btc-amid-market-dip">Bitcoin Whales Accumulate 47,000 BTC Amid Market Dip</h1> 
<ul> 
 <li>Bitcoin whales have reportedly purchased 47,000 BTC within a 24-hour period following a significant market dip.</li> 
 <li>The data, provided by CryptoQuant CEO Ki Young Ju, indicates a significant increase in Bitcoin holdings among large-scale investors.</li> 
 <li>Despite the market volatility, these Bitcoin whales appear to be taking advantage of the dip to increase their holdings.</li> 
</ul> 
<p><strong>Bitcoin whales have capitalized on the recent market dip, accumulating a staggering 47,000 BTC within 24 hours. This development suggests a bullish sentiment among large-scale investors despite the market’s recent volatility.</strong></p> 
<h2 id="strong-whales-capitalize-on-bitcoin-dip-strong"><strong>Whales Capitalize on Bitcoin Dip</strong></h2> 
<p>As per the data shared by CryptoQuant CEO Ki Young Ju, active Bitcoin whale addresses, defined as addresses owning at least 100 BTC and having engaged in on-chain activity within the past day, accumulated a significant amount of Bitcoin following the market’s recent dip. This accumulation excludes centralized exchanges and Bitcoin miners but includes certain Bitcoin custodians such as Bitcoin ETF providers.</p> 
<h3 id="strong-not-etf-related-strong"><strong>Not ETF Related</strong></h3> 
<p>Despite the approval of Bitcoin spot ETFs in the United States this year leading to an increase in whale balances, Young Ju clarified that this week’s balance spike was not related to ETFs. This suggests that the accumulation is a result of individual or institutional investors taking advantage of the market dip rather than ETF-related purchases.</p> 
<h2 id="strong-new-whales-underwater-strong"><strong>New Whales Underwater</strong></h2> 
<p>A day prior to this development, Young Ju highlighted how new Bitcoin whales, including spot ETF buyers, found their investments underwater after Bitcoin plunged under $60,800. This indicates that these ... <a href="https://en.coinotag.com/bitcoin-whales-acquire-47000-btc-in-a-single-day-a-strategic-buy-the-dip-move/">Read the full article for FREE at COINOTAG!</a></p>

Bitcoin Whales Acquire 47,000 BTC in a Single Day: A Strategic Buy-the-Dip Move

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