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This institution's whale made a pretty aggressive move—sweeping up 10,624 BTC in one go! The cost was $90,644 each. That's some ruthless bottom-fishing 🔥
Looking back at their recent moves over the past few months:
- December 8: Bottom-fished 10,624 BTC (just over $90K each)
- December 1: Tested the waters with 130 BTC ($92K each)
- During the peak in November, they were actually the most restrained, only picking up a few hundred per transaction
- In October, kept accumulating even when the average price was over $110K
- End of September, swept up 850 BTC at the $117K price level
The pattern is clear: the more it drops, the more they buy. They're playing that "be greedy when others are fearful" game 😎 Looks like institutions still have a lot of confidence in BTC's long-term trajectory!