A major Bitfinex whale is accumulating Bitcoin at a rate of 400 to 600 BTC daily, backed by a recent $300 million USDT injection into the exchange's OTC desk. This accumulation, the most aggressive since November 2023 market bottom, suggests the whale views current Bitcoin price levels as favorable for adding positions. The behavior indicates strong market selling pressure but minimal price impact, implying a potential new phase of market activity.
