Bitcoin Whales Bought The Recent Dip While Market Panicked
Summary
Bitcoin whales have been buying during market panic. Exchange netflow has been negative, indicating large outflows from exchanges. This suggests accumulation by holders, potentially whales, at recent price levels. Microstrategy's $615 million BTC acquisition and potential ETF approvals may have influenced these moves. Bitcoin price has rebounded to around $42,800 after reaching $43,800.
