The giant Bitcoin whale “Spoofy”, who is good at spotting both declines and increases, also evaluated the recent decline. At this point, a Bitcoin whale known as “Spoofy” purchased more than $344 million worth of BTC from Bitfinex when the price of Bitcoin dropped below $90,000. Cryptocurrency analyst with the pseudonym Saint Pump noted that Spoofy is one of the largest investors in the space. The analyst also shared the whale’s previous trades. Accordingly, the whale also evaluated the crash by accumulating BTC during the LUNA and FTX crashes in 2022. The analyst stated that Spoofy bought 70,000 Bitcoins when the Bitcoin price ranged between $40,000 and $16,000. The whale then sold his BTC holdings when BTC rose to between $40,000 and $70,000 between 2023 and 2024. Spoofy, who finished his BTC holdings in the first months of 2024, accumulated 24 thousand BTC before the Donald Trump rally began. Then he sold these BTCs in the rally started by Trump. Spoofy, who has a history of buying during dips and selling during rises, started accumulating Bitcoin again this fall. The analyst noted that the whale's accumulation could continue if the market remains weak. While the data shows that investors are facing losses of over $2.16 billion, CryptoQuant CEO Ki Young Ju stated that most panic-selling investors are inexperienced. At this point, inexperienced investors are panic-selling while experienced investors like Spoofy are accumulating BTC by taking advantage of market declines. *This is not investment advice.