INSUBCONTINENT EXCLUSIVE:
massive buying spree, worth approximately $3.2 billion, follows a significant price correction in December 2024
Bitcoin reached an all-time high of $108,000 on December 17, 2024
This peak coincided with the U.S
However, a sharp 15% correction soon followed.Large wallet holders, controlling between 1,000 to 10,000 BTC, sold off 79,000 BTC in the week
Institutional investors saw this dip as a golden opportunity
They strategically accumulated Bitcoin at prices below $95,000.These large players used sophisticated trading strategies to minimize market
They broke down their purchases into smaller orders, patiently building their positions.Bitcoin Whales Gobble Up 34,000 BTC After December
Dip, Signaling Market Confidence
(Photo Internet reproduction)This whale activity has sparked optimism in the crypto community
It indicates that despite short-term volatility, institutional interest in Bitcoin remains strong.The steady on-chain accumulation trend,
ongoing since June 2024, further supports this view
hovers around $94,900, down 2.3% in the last 24 hours
This slight dip aligns with broader market trends
Bitfinex analysts suggest that selling pressure on Bitcoin markets is waning rapidly
They believe the worst of the downward pressure has likely passed.This sentiment aligns with predictions of a historic rally in 2025
Factors driving this optimism include anticipated pro-crypto policies under President-elect Donald Trump and growing nation-state adoption
of Bitcoin.Fidelity Digital Assets predicts increased Bitcoin adoption by governments and central banks
and legitimacy as a global asset
Some analysts project ambitious price targets for Bitcoin in 2025
Predictions range from $150,000 to over $400,000 per coin.These forecasts assume continued institutional interest and favorable regulatory
