Bitcoin News Today: Bitfinex Whale Buys 300–600 BTC Daily Amid Bitcoin Price Dip Below $113,000

A significant whale linked to Bitfinex has intensified Bitcoin purchases amid a recent market downturn, drawing attention from analysts and market observers. Using a Time-Weighted Average Price (TWAP) strategy, the whale has reportedly acquired up to 300–600 BTC daily, depending on the report, as Bitcoin’s price dropped below $113,000 in early August 2025 [1][4]. Adam Back, CEO of Blockstream, highlighted these transactions on social media, noting that the whale’s actions signal long-term confidence in Bitcoin’s fundamentals [4].

The whale’s accumulation activity began around July 7, 2025, with consistent buying observed through early August [1]. Each 300 BTC purchase represented approximately $53.7 million at the time, reflecting a well-resourced and strategic accumulation plan [1]. According to Adam Back, the whale may be buying Bitcoin at a rate of about $400 per second, indicating sustained and large-scale engagement in the market [3]. The whale’s approach has been described as an effort to "buy the dip," a strategy that contrasts with the more volatile reactions seen among retail investors [7].

Market observers have noted that the whale’s actions could have a stabilizing effect on Bitcoin’s price, especially as exchange-based liquidity remains at multi-year lows and institutional accumulation continues [4]. However, the increased buying has also contributed to higher volatility, with some reports indicating that Bitcoin’s trading volume declined by 31% during the price correction [4]. This suggests that while large-scale accumulation can support price stability, it also interacts with broader market dynamics in complex ways.

Similar whale behavior has occurred in the past, often preceding notable price movements. In February 2025, the same whale reportedly acquired 1,000 BTC daily during a dip, potentially influencing subsequent price trends [1]. Historical patterns suggest that large-scale accumulation can lead to significant market shifts, although risks remain if large positions are offloaded suddenly, potentially increasing volatility [1].

The broader market has responded to these developments with mixed signals. Some analysts and industry figures, including Eric Trump, have encouraged investors to view the recent price decline as a buying opportunity [5]. Bitcoin’s technical indicators, including an oversold RSI and a position below its 50-day exponential moving average, have been cited as potential signs of a market bottom [5]. However, analysts caution that such signals do not always result in immediate recoveries, and further corrections may be necessary before a stable upward trend emerges [5].

Institutional-level buying has also been noted across the crypto market, with large holders linked to Bitfinex and other entities accumulating Bitcoin at lower prices [6]. While these movements do not guarantee future performance, they reflect a continued belief in the long-term value of the asset, even amid uncertainty.

The actions of the Bitfinex whale underscore the ongoing tension between short-term volatility and long-term bullish sentiment in the cryptocurrency market. As Bitcoin navigates a period of correction, the influence of large investors remains a key factor in shaping the broader market trajectory.

Source:

[1] Cointribune (https://www.cointribune.com/en/whales-buy-the-dip-as-bitcoin-rebounds-toward-114k/)

[2] Mitrade (https://www.mitrade.com/insights/news/live-news/article-3-1008147-20250804)

[3] Mitrade (https://www.mitrade.com/insights/news/live-news/article-3-1007754-20250803)

[4] CoinGape (https://coingape.com/adam-back-flags-aggressive-bitcoin-buying-by-bitfinex-whale-amid-market-correction/)

[5] AInvest (https://www.ainvest.com/news/bitcoin-news-today-eric-trump-urges-buy-dips-bitcoin-falls-113-500-2508/)

[6] AInvest (https://www.ainvest.com/news/bitcoin-news-today-bitcoin-gains-institutional-support-market-volatility-regulatory-clarity-outlook-2508/)

[7] Coindoo (https://coindoo.com/mega-whale-buys-the-dip-with-300-btc-daily-as-bitcoin-tumbles/)