Whales Snatch Up $3B in Bitcoin as Prices Dip, Signaling Long-Term Confidence
• Whales accumulated $3B worth of bitcoin (76,000 BTC) in January • Bitcoin held in wallets with over 1,000 BTC increased to 7.8 million BTC • Whale activity rose as bitcoin prices dropped from near $49K to $38.5K • Whales buying on dips signals confidence in long-term bitcoin prospects • Analysts expect new bitcoin ETFs to attract billions in investments and lift prices to $100K