(BTC) rose above $39,000 on Feb. 1 but the sharp fall in the shares of PayPal (NASDAQ:) may have resulted in aggressive selling by the short-term traders.
However, in the long-term, large investors seem to be viewing the decline as a buying opportunity. On-chain monitoring resource Whalemap said that whales holding between 100 to 10,000 BTC have accumulated during the recent decline.
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