During the final revision of the market, the Bitcoin Zilla (BTC) opened its jaws, essentially in this case the large amount of feeding from the krills turned into currency.
According to Cryptoquant data, the Whale, an investor above BTC, acquired 16,000 Bitcoins last week. In the case of financial analyst CauêOliveira, this accumulation It reflects the absorption pattern of price drops known as I’ll buy a dip Or “Buy autumn.”
The mass buying campaign of BTC by these large investors agreed to a decline in the prices of the currency.
Oliveira explains that the behavior was already observed in the first revision in August when retail investors took advantage of the fall while large market players took advantage of the fall.
In his opinion, when dynamics are repeated, Local floors and short-term rebounds can form soon,Medium-term trends depend on improvements in the foundations on the chain.
The graph below provided by Cryptoquant gives a high praise for the bulk purchases of BTC by whales over the past 7 days.
Whale has been given a massive bitcoin acquisition On Friday, August 22nd, before the price of digital currency jumped to 116,000 US dollarsafter a speech by the Federal Reserve (Fed) president, it was thought that Jerome Powell could cut interest rates.
Not only whales, but other types of investors also have important market shares, as shown in the infographic below, detailed by encryption.
Where does Bitcoin go?
In general, whales increase their market share with each major correction. They don’t see autumn as the end of the cycle, but they do see it as an opportunity for accumulation. This read is related to expectations regarding long-term Bitcoin value.
In that order of ideas, Skybridge Capital investor and founder Anthony Scaramucci says that Bitcoin could reach $180,000-$200,000 before the end of 2025.
Businessmen described their scope as a careful purpose, highlighting that there are predictions beyond those levels. That analysis revises – overcoming – US$112,000 does not change the structural panorama of the currency, but rather reinforces the narrative that periods of price weakness are used to strengthen their position.
Scaramucci claims that there is still a considerable space for reassessment in the market as adoption of the scheme is still underway And global interest in Bitcoin has not diminished despite its volatility.
In fact, the whales appear to be in line with their vision, as the waterfall accumulation strategy is consistent with the expectations of a long-term upward cycle.
The fact is that while Bitcoin is being adjusted, large investors are maintaining their beliefs. Buying 16,000 BTC in a week reveals specific support for digital assets, and in the medium term, Growth potential remains the axis of that strategy.
