Whales resume Bitcoin accumulation after major selloff

Institutional investors have resumed accumulating Bitcoin following a major selloff in December, according to CryptoQuant contributor caueconomy. Around 79,000 BTC were offloaded in a single week, triggering a 15% correction. However, in the past 30 days, over 34,000 BTC have been accumulated by large players, providing buying pressure for Bitcoin’s recovery. Despite periods of portfolio rebalancing, on-chain data shows steady accumulation by institutions since June 2023, even as retail demand remains at a 5-year low.