While many individuals might see the recent crypto market correction as a reason not to invest in any of the crypto assets, Bitcoin whales have taken advantage of the dip to buy over $2 billion worth of the flagship digital asset.

Bitcoin whales buy more BTC despite the dip

Data shared by Santiment recently revealed that Bitcoin wallet addresses holding between 100 to 10,000 units of Bitcoin, popularly referred to as Whales, accumulated over 40,000 units of Bitcoin when the price of the asset dropped to around $56,000 in the past week. Judging by the current price of the asset, this roughly translates to around $2.2 billion spent on purchasing new units of the digital gold.