, the largest cryptocurrency, has suffered the most. Over the past 30 days, BTC has dropped by 9.14%.
This market dip has created a conducive environment for large holders to buy the dip. When prices decline, whales tend to accumulate, hoping to sell for profit.Whales buying the dip When markets are underperforming, whales use it as accumulating opportunity at lower prices, expecting future gains. Thus, those betting against the market were forced out of their positions, while long position holders were willing to pay a premium to hold their trade.
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