$2 Billion in Bitcoin Scooped up by Whales Despite Price Dip
Analysis
Price Impact
MedWhale accumulation of over $2 billion in btc, despite a price dip, indicates strong conviction from large holders. this suggests potential buying pressure that could stabilize or push the price up.
Trustworthiness
HighThe information comes from on-chain data analyzed by a recognized crypto analyst (ali martinez) and is corroborated by the context of bitcoin trading below its ath and the presence of bitcoin etfs.
Price Direction
BullishSustained whale buying during price weakness has historically preceded price recoveries. the accumulation, coupled with potential etf inflows, suggests a possible rebound.
Time Effect
LongWhile the immediate impact might be limited, significant whale accumulation during dips typically influences medium- to long-term price trends as these large holders position themselves for future growth.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News Over $2 billion in BTC bought in seven days What’s next for Bitcoin? Advertisement Bitcoin has failed to show any major price recovery, yet recent data shows that whales are still quietly accumulating the leading cryptocurrency. On Friday, Feb. 20, popular crypto analyst Ali Martinez shared on-chain data revealing that Bitcoin whales accumulated more than 30,000 BTC over the past week. Over 30,000 Bitcoin $BTC accumulated by whales in the past week. pic.twitter.com/nkY2w3I07L — Ali Charts (@alicharts) February 20, 2026 While this signals strong conviction among large holders despite recent market weakness, it has sparked a wave of confidence among market participants amid hopes for a potential rebound. Advertisement Over $2 billion in BTC bought in seven days Per Bitcoin’s average trading price over the past week, which was around the $67,000 level, the notable whale accumulation during the period is worth over $2 billion. HOT Stories Morning Crypto Report: Cardano Ecosystem Onboards USDC, SBI Ripple Asia and AWAJ Clarify XRP Ledger Strategic Roadmap, Bitcoin Turns 5 Years Old as $1 Trillion Asset Ripple Exec Reports Breakthrough in DC Crypto Meeting The massive accumulation comes as Bitcoin continues to trade below recent highs, with the broader crypto market facing sustained selling pressure. You Might Also Like Fri, 02/20/2026 - 11:42 Bitcoin Mining Difficulty Jumps 15% in Latest Hashrate Reboot By Godfrey Benjamin Following the consistent price downturn faced on the broad crypto market, Bitcoin has plunged significantly in recent weeks, and it is currently trading at levels that mark a more than 50% decline from its ATH. Advertisement Nonetheless, the post from Martinez has stirred reactions from the crypto community, who believe that the aggressive buying activity suggests that institutions and high profile investors are taking advantage of the dip to expand their positions. What’s next for Bitcoin? While Bitcoin has been trading on a downward trajectory for a long time, it remains uncertain if the massive whale purchases could trigger a potential rebound in its price. However, sustained whale buying during periods of price weakness has often preceded medium- to long-term price recoveries in the past. While the spot Bitcoin ETFs also reported decent fresh capital intake on some days during the past week, Bitcoin stands a chance to stabilize its price move if accumulation continues at this pace, positioning it for a potential price rebound. #Bitcoin #Bitcoin Price Prediction #Spot Bitcoin ETF