CryptoQuant analysts have found that large investors have been actively buying bitcoin at a reduced price over the past month. Taking advantage of a rollback of almost 16%, crypto whales have accumulated more than 65,000 BTC.

This does not mean an immediate impact on the short-term price, it already shows the absorption by large participants, excluding miners and exchanges, - commented on the news the head of research and network analyst at BlockTrends Kaue Oliveira.

Large purchases often signal bullishness, and in the recent past, accumulation has preceded the start of a bull cycle. At least that was the case in November and December 2024. However, for now, the leading asset continues to fall in price — Bitcoin has fallen almost 4.6% over the past seven days to $81,530.

Analysts say that due to the negative market reaction to tariffs and other events, BTC could fall even further. Thus, BitMEX co-founder and former CEO Arthur Hayes suggested that the flagship cryptocurrency could return to the $75,000 mark. This would mean a correction of 36% from the all-time high of $109,000.

However, Hayes remains optimistic about Bitcoin's long-term outlook , confident in its continued growth.