Bitcoin Whales Buy the Dip, Signaling Potential Bullish Momentum
Large crypto holders are aggressively purchasing Bitcoin amid market dips, as new data from CryptoQuant shows.
In 2024, Bitcoin withdrawals from exchanges have reached unprecedented rates. Over 46,000 BTC, worth more than $2.6 billion, have been moved off exchanges on July 5, indicating a shift towards long-term holding.
This trend suggests optimism for Bitcoin’s price. Whales are betting on a future rise, even as many investors sell in panic, favoring long-term investment over short-term volatility.
Significant outflows from spot and derivatives exchanges indicate a reduction in risk exposure. Moving Bitcoin to private wallets points to a strategy focused on stability and future gains, potentially reducing market volatility.
The increased activity from whales, despite recent price drops, is a positive indicator for Bitcoin’s future. Observing these significant investors betting on a price increase is promising for the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Fed’s hawkish rate cuts unveil the illusion of liquidity: the real risks for global assets in 2025–2026
The article analyzes the current uncertainty in global economic policies, the Federal Reserve's interest rate cut decisions and market reactions, as well as the structural risks in the financial system driven by liquidity. It also explores key issues such as the AI investment boom, changes in capital expenditures, and the loss of institutional trust. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content is still undergoing iterative updates.

Cobo Stablecoin Weekly Report NO.30: Ripple's Comeback with a $40 Billion Valuation and the Stablecoin Transformation of a Cross-Border Remittance Giant
Transformation under the wave of stablecoins.

Bitrace's Perspectives and Outlook at Hong Kong FinTech Week
During the 9th Hong Kong FinTech Week, Bitrace CEO Isabel Shi participated in the Blockchain and Digital Assets Forum...

20x in 3 months: Does ZEC’s “Bitcoin Silver” narrative hold up?
You bought ZEC, I bought ETH, we both have a bright future.
