Whales and Institutions Buy the Dip in BTC and ETH — Are They Prepping a Reversal?
Large transfers from wallets linked to high-net-worth holders and institutional custody accounts picked up as Bitcoin slid 6.15% and Ethereum fell 9.43% during recent volatility. The pattern of flows — increased accumulation and movement into long-term custody or OTC corridors rather than immediate selling — points to buyers taking advantage of lower prices. If sustained, this buying behavior can tighten available liquidity and provide price support, increasing the odds of a relief rally or trend reversal. That said, traders should weigh macro factors and liquidity conditions; institutional interest helps signal confidence, but it doesn’t eliminate short-term downside risk.