Analysis: Bitcoin "sharks" have started to buy on dips, accumulating over 65,000 BTC in the past 7 days

ChainCatcher news, on-chain analysis platform CryptoQuant released recent research showing that Bitcoin "sharks" are buying the dip. The community typically refers to Bitcoin wallets with balances between 100 BTC and 1,000 BTC as "sharks." Data shows that over the past week, shark addresses have increased by more than 65,000 BTC, bringing their total holdings to a record 3.65 million Bitcoins.