Bitcoin whales took advantage of $60K price dip, scooping up 40K BTC

Market Intelligence Analysis

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Why This Matters

Bitcoin whales have taken advantage of the recent price dip to purchase 40,000 BTC, indicating a potential increase in demand and a possible comeback in whale and institutional investment. However, analysts still expect the price to retest the $66,000 support level, suggesting that downside risks remain. This mixed signal may lead to market volatility.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Whale and institutional demand for Bitcoin show signs of a comeback, but downside risks remain as analysts expect BTC price to retest $66,000 support.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on February 9, 2026.
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