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.