On-chain data shows that large wallets are continuing to accumulate during the dip: According to Lookonchain’s monitoring on November 10, four newly created wallets withdrew a total of about 2,492 Bitcoin from BitGo and Binance within 24 hours, worth approximately $186 million. The largest single withdrawal was 1,489 Bitcoin (about $111 million) from custodian BitGo. Santiment also reported that wallets holding 1 to 100 Bitcoin collectively added more than 14,000 Bitcoin over the past two weeks. However, spot Bitcoin ETFs continued to see outflows during the same period, and the market remains clearly divided between bulls and bears. $BTC $ETH