$BTC HODL Waves data showed a relatively muted reaction from buyers after BTC dipped below $58,000 on July 1. The share of supply dormant for one to seven days rose from 1.97% that day to 2.35% by July 5.

Analyst Willy Woo suggested that one large whale may have stepped in to buy the bottom - a possibility that adds an intriguing twist to the otherwise quiet market response. #BTC Price Analysis# #BTC #Macro Insights# #Bitcoin