Bitcoin pulls back to $90,000, on-chain data shows whales continue to accumulate

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【CryptoWorld】Recent geopolitical tensions and trade friction comments have caused the market to be quite unstable. Bitcoin has jumped down from above $97,000 and is now fluctuating around $90,000. The volatility seems quite high, but interestingly, on-chain data shows that big Bitcoin holders are not panicking; instead, they are continuously accumulating. CryptoQuant's data indicates that these whale accounts are increasing their holdings, suggesting that the market fundamentals have not collapsed.

Retail investors have indeed become less active, but the actions of large holders tell a different story—they are taking advantage of this pullback to buy the dip, clearly preparing for a subsequent rebound. In other words, the market structure has not suffered a fatal blow; rather, smart money is repeatedly testing the waters.

BTC-3.77%
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