Whales Quietly Buy the Dip as Bitcoin Tests $100,000 Support 

Despite a sharp market correction that saw Bitcoin briefly dip below $100,000, large Bitcoin holders, or 'whales' (wallets holding 1,000 to 10,000 BTC), have resumed significant accumulation. Data shows these entities added approximately 29,600 BTC over the last week, marking the first major buying phase since late September. This accumulation contrasts sharply with fearful retail sentiment, which has been driven by heavy liquidations and substantial outflows from US spot Bitcoin ETFs. By absorbing roughly four times the weekly mining supply, whales are tightening liquid supply and reinforcing the $100,000 support level. This pattern of 'smart money' buying weakness during high fear periods has historically preceded price recoveries. While near-term volatility remains likely due to macro headwinds and derivatives unwinding, continued whale accumulation could establish a base for a medium-term recovery toward $115,000–$120,000.

(Source：BeInCrypto)