If you are into cryptocurrencies and got fear, uncertainty and doubt (FUD) and panicked when the marked moved downtrend, you just played into the wrong hands.
While you were selling not to loose it all, Bitcoin whales bought $2.85 Billion in Bitcoin and filled their bags with it for some serious gains in the future! Blockchain Analysis firm, Chainalysis revealed in a recent intelligence report that large investors purchased tens of thousands of Bitcoin when it dropped below $40,000. It also showed that some investors exited their positions at a loss and the Bitcoin whales bought large amounts of BTC up to 77,000 Bitcoin at the height of the crypto correction last week. The Whales’ made a huge purchase valued at about $2.85 billion.