Bitcoin Drops Below $104K: Whales Buy Despite Correction

Despite Bitcoin’s recent price retracement below $104,000, large investors dubbed ‘whales’ are intensifying their buying activity. New data from Satoshi Club indicates a surge in accumulation of Bitcoin (BTC) by these entities over the past week. These whales, often associated with institutional funds and high-net-worth individuals, are strategically purchasing BTC during this price dip, signaling a belief in its long-term potential.