Bitcoin's price volatility continues as it recently fell from $126,000 to $60,000 before recovering to around $68,000. Despite the fluctuations, entities are still purchasing Bitcoin, though the pace of accumulation by short-term holders has slowed significantly. Data from Alphractal indicates a decline in the Short-Term Holder Net Position Change over 90 days, suggesting weakening short-term demand momentum. In contrast, large Bitcoin holders, or whales, have increased their holdings by over 200,000 BTC, according to CryptoQuant. Despite a rise in whale inflows to exchanges, which typically signals short-term selling, their overall holdings have grown from 2.9 million BTC to over 3.1 million BTC. This accumulation mirrors patterns seen during previous market corrections, where whale buying helped stabilize prices.