According to TechFlow TechFlow, on February 9th, CryptoQuant reported that Bitcoin whales have been accumulating large amounts of BTC during the recent price decline. Data shows that 66,940 Bitcoins flowed into accumulation addresses on February 6th, marking the largest single-day inflow in this cycle. Simultaneously, new large investors have also taken the opportunity to increase their purchases, withdrawing Bitcoin from exchanges to their personal wallets. Furthermore, Ethereum has broken through the psychological resistance level for whales and has reached a strong support line, indicating that large-scale accumulation continues.
CryptoQuant: Bitcoin whales are accumulating large amounts of coins, with February 6th marking the largest single-day inflow in this cycle.
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