Bitcoin whales have been actively accumulating the cryptocurrency during the recent price drop. According to BlockBeats, CryptoQuant analyst CW8900 reported that on February 6, approximately 66,940 bitcoins flowed into accumulation addresses, marking the largest single-day inflow since 2022.
Simultaneously, new large-scale investors have taken advantage of the situation by increasing their purchases and transferring bitcoin from exchanges to personal wallets.
