Bitcoin whales have resumed accumulating the cryptocurrency following a prolonged period of selling, marking a significant shift in market dynamics. These large holders, holding 10,000 BTC or more, are buying bitcoin as its price dips to just above $80,000 after reaching an all-time high of over $109,000 earlier this year. Glassnode data reveals a noticeable increase in whale purchasing activity that mirrors their behavior during the August 2024 period when Bitcoin was between $50,000 and $60,000 during the unwinding of the yen carry trade. This buying spree comes as other investors remain cautious, with the broader market experiencing a 25% decline from its all-time high.