Bitcoin Whales Accumulate Over 16,000 BTC in 7 Days — CryptoQuant Analyst Says Whales Are Buying the Dip

On August 21, COINOTAG News cited CryptoQuant analyst Cauê Oliveira reporting that the Bitcoin whale wallet accumulated more than 16,000 BTC over the prior seven days, a pattern Oliveira described as whales buying the dip during recent price declines.

Such on-chain accumulation by large holders is a notable data point for market participants assessing exchange-available supply and short-term liquidity. Investors and traders typically combine these metrics with macro indicators and order-flow analysis to form risk-mitigated positions rather than relying on a single signal.