Large market participants in the crypto industry have taken advantage of the recent dip in Bitcoin prices to accumulate the cryptocurrency at discounted rates. On-chain data shows significant inflows from whales on February 5th, with nearly $3.8 billion worth of BTC bought during the dip. This buying frenzy among large players is supported by the positive flows witnessed in U.S. BTC exchange-traded funds on the same day. The recent selloff in the crypto market can be attributed to concerns over the escalating U.S. trade war, but long-term fundamentals for Bitcoin remain strong. Historical patterns suggest that these dips provide buying opportunities for large market participants, and if Bitcoin can reclaim the $100k price level and establish it as support, a bullish rally toward new highs could follow. Additionally, capitulating BTC miners and discussions of establishing a strategic Bitcoin reserve for the U.S. Treasury indicate potential for growth in the industry.



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