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Analysis: Bitcoin 'sharks' have started to Buy the Dips, increasing their holdings by more than 65,000 BTC in the past 7 days.
Odaily News On-chain analysis platform CryptoQuant has released recent research showing that Bitcoin “sharks” are buying the dips. The community usually refers to Bitcoin wallets with balances between 100 BTC and 1,000 BTC as “sharks.” Data shows that in the past week, shark addresses have increased by over 65,000 BTC, bringing their total holdings to a record 3.65 million Bitcoins. (Cointelegraph)