Whales have been buying all week.
The price of bitcoin has pulled back off its highs and whales are snatching it up.
Roughly 20k bitcoin was bought on Tuesday alone:
(Source: https://x.com/BitcoinNewsCom/status/1801245641063985358/photo/1)
Of course for every sell there is a buy, but the data above shows flows into known accumulation addresses.
Meaning, the flows into those wallets likely represents buying and holding.