Bitcoin just gave us an interesting divergence.
$BTC corrected 5.82% from its August 28 local high.
Normally, I’d look for signs that larger holders were using the weakness to exit.
Instead, whales accumulated 6,765 $BTC during the pullback.
That’s $521M bought while price was falling.
Then institutional flows joined them.
U.S. spot Bitcoin ETFs recorded $730.9M of net inflows yesterday, their largest single-day inflow since January 14.
BlackRock alone took in $454M.
So during this correction we had:
• $BTC price: -5.82%
• Whale holdings: +6,765 BTC
• ETF flows: +$730.9M
That’s a very differen