Whale investors accumulate $3.2 billion worth of Bitcoin against the trend, challenging the market downturn

Source: CritpoTendencia Original Title: Bitcoin Whales Challenge the Bearish Trend and Accumulate $3.2 Billion Original Link: In the past few hours, the cryptocurrency market has faced strong downward pressure due to large-scale liquidations of retail investors. However, Bitcoin whales seem to hold a different view, contrary to this overall trend. This is reflected in the large-scale accumulation activity of these major wallets.

According to data from the on-chain analysis platform, these large holders have purchased $3.2 billion worth of Bitcoin in 9 days. This flow of smart money could be the beginning of a rapid recovery in the crypto world after the current decline.

According to the platform’s report, addresses holding 10 to 10,000 Bitcoins are the most active, acquiring approximately 36,000 Bitcoins for their portfolios between January 10 and 19. This is one of the strongest accumulation trends for Bitcoin in recent months. During the same period, small wallets holding 0.01 Bitcoin or less collectively sold about 132 Bitcoins.

This allows us to determine that Bitcoin whales are currently challenging the downward trend that has been controlling Bitcoin’s price. But beyond that, this behavioral difference also indicates confidence among large wallets in Bitcoin’s long-term price.

All of this is happening at a moment when retail investors remain distrustful due to the uncertain geopolitical background. The behavior of these two groups has historically preceded significant price movements.

Whale Behavior in the Last Few Hours

Whale activity in the recent hours continues to show a pattern similar to that reported by the on-chain analysis platform. According to whale transaction alert data, many transactions of 1,000 or more Bitcoins have moved from major exchanges to accumulation wallets or unknown wallets.

These transactions include a transfer of 1,067 Bitcoins from a leading exchange to unknown wallets. The long-term declining trend of Bitcoin reserves on exchanges remains stable. According to on-chain analysis data, outflows have been particularly sharp since January 8, confirming large-scale whale buying activity.

Market Dynamics in the Context of Geopolitical Tensions

Geopolitical tensions, mainly related to American expansionism, have kept cryptocurrency prices weak. However, in this context, there is also a pattern that the most perceptive investors can understand well. This involves the behavior chart of American political leaders.

Similar to past patterns, it is expected that their rhetoric and aggressiveness will peak on certain geopolitical issues, followed by negotiation announcements. In this regard, the next step could be diplomatic, paving the way for a general rise in risk asset prices.

Bitcoin whales are likely waiting for a new easing period, which would bring Bitcoin prices back into a bullish territory. This would be an ideal time to close positions before the political situation shifts again toward radical or militarized stances.

In any case, large wallet purchases are not enough to offset the selling pressure exerted by retail investors. This disinterest among small wallets is also reflected on social media, where comments are not enthusiastic, indicating lower hopes for short-term gains.

Unlike whales, retail investors are driven by the desire for immediate profits. Therefore, a background that does not present an ideal upward environment will not generate the momentum or attractiveness for capital investment.