Bitcoin Whales Bought the Dip, On-Chain Data Shows

Bitcoin Whales Bought the Dip, On-Chain Data Shows

How One of the Largest Institutional Whales Came Out From the ShadowsWhales took advantage of falling Bitcoin prices to accumulate, on-chain data from GlassNode reveals. HODLers Bought the Dip When BTC/USD Fell Below $44k On Feb 28, the Bitcoin price cratered below $44k, forcing some traders to liquidate their positions and book profits. Amid the panic, whales were buoyant and confident, scooping BTC at a discount.

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