Currently, Bitcoin is trading around 87,429 USD, with intraday volatility from 84,027 USD to a high of 87,468 USD
According to on-chain data from Glassnode, the number of "whale" wallets (holding ≥1,000 BTC) has increased to the highest level in 4 months (2,107 wallets) on April 15, indicating that large wallets continue to accumulate strongly despite the recent correction
Whales often apply the strategy of "buy the dip," and the first net buying after 8 months was recently recorded in early April 2025, when the price of BTC fell to around 80,000 USD
Recent reports also indicate that whales are absorbing newly issued BTC at up to 300% compared to the annual issuance, showing great confidence in Bitcoin's long-term bullish trend .
Typical strategies of "whales" you can refer to:
• Long-term accumulation (HODL): Hold positions through corrections to optimize average cost.
• Buying on price dips (Dip Buying): Place automatic buy orders at multiple lower price levels to take advantage of short-term volatility.
• Using OTC (Over-The-Counter): Large volumes are traded through the OTC channel to avoid slippage and significant price impact.
• Layered Orders: Split the buy order into multiple tranches, spread evenly across each price level to optimize entry points and reduce risk.
• Monitoring on-chain data: Use indicators like Accumulation Trend Score or fluctuations in the number of large holding addresses to determine the right timing for entering orders.