🐋Do whales know something you don’t?🐋
The movement is intense. Amid the recent drop in Bitcoin's price, several whales have seized the opportunity to accumulate large amounts of #BTC , which could be signaling a possible bottom in the market. Here’s a provocative summary for you to turn into educational content or comparative visuals:
🐋 Whales in action: Sign of a bottom or manipulation?
📉 Context of the drop
• Bitcoin dropped to $54,200 on July 5, pressured by institutional sales such as those from the German government and Mt. Gox.
• Despite the downward pressure, the price began to recover following macro events like the assassination attempt on Trump, which created political uncertainty.
📈 Massive accumulation
• Whales accumulated 71,000 BTC in July, the fastest rate since April 2023.
• Over 60,000 BTC were acquired in a single week, according to CriptoNoticias.
• The number of wallets holding more than 10 $BTC increased, suggesting long-term confidence.
🔄 Key movements
• A historical whale moved 80,000 BTC (≈ $8.6 billion) from a 14-year inactive wallet.
• Another whale sold 670 BTC to open a long position in Ethereum, showing strategic diversification.
