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International Business Times

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Marvie Basilan

UNBELIEVABLE: Bitcoin whales buy the dip snapping up over 20 000 btc | History Defined

Bitcoin Abram Coinbase Crypto

Bitcoin whales have once again bought the dip after the world's largest digital asset saw a price slump on Tuesday. (Credit: AFP)

KEY POINTS

Crypto researcher Abram noted that whales "took advantage" of Tuesday's price correction
Whale Alert revealed one whale moved nearly 8,000 BTC from Coinbase Tuesday
Some crypto users on X said BTC whales snapped up the coins when small holders had "paper" hands

Bitcoin whales, or the largest holders of the world's first decentralized cryptocurrency, bought the dip Wednesday, when prices plunged following significant spot BTC exchange-traded funds (ETFs) outflows.

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