**Bitcoin Whales on a Buying Spree Amid Price Dip**

Bitcoin whales are making waves again! Data from CryptoQuant reveals that these big players have scooped up 1.5 million BTC over the past six months, even as Bitcoin's price dipped below $60,000.

- **Whale Strategy**: Large-volume investors, holding more than 1,000 BTC each, have been steadily increasing their holdings since March's all-time highs.

- **Smaller Whales Selling**: Conversely, smaller whales with less than 1,000 BTC have been offloading their assets.

- **Short-Term Holders**: Bitcoin speculators, or short-term holders, have been selling at a loss, particularly as BTC/USD fell below $60,000 on Oct. 10.

CryptoQuant contributor DarkFost notes that new and existing whales are accumulating between $54,000 and $68,000, hinting at a potential upward move for Bitcoin in the near or long term.

Remember, investing in cryptocurrencies involves risks, so do your research before diving in!