Short-term investors lost nearly $4 billion in Bitcoin, sparking a panic sell-off in the market. However, crypto whales are taking advantage of the situation to accumulate BTC.

- On Tuesday, about 16,000 BTC entered whale reserves, equivalent to nearly $1.5 billion in on-chain accumulation.

- This figure is reflected in institutional addresses on the network, although many coins may still be sitting on exchanges.

While this spot buying volume is not enough to indicate a broader “buy-the-dip” pattern, there is optimism that with increased volume from both retail and institutions, new record highs could be reached.