There are signs that some whales (big investors) have started buying Bitcoin again after the recent sharp drop, but the scene is still mixed.
• On-chain data shows large wallets accumulating BTC while part of the market is selling out of fear of further declines. 
• The company Strategy, led by Michael Saylor, has scooped up another 1,550 BTC (around US$ 101 million) in the past few days, indicating long-term confidence. 
• On the flip side, some whales have recently taken profits, contributing to Bitcoin's price drop to the range of US$ 60k–65k. 

Summary for today (11/06/2026):
• Institutions and some whales are taking advantage of the lower prices to accumulate. 
• There’s still selling pressure and capital outflows from some investors. 
• Whale behavior is leaning more towards selective accumulation than mass selling. 

For those keeping an eye on PEPE, this movement is usually a good sign: historically, when whales accumulate Bitcoin after major corrections, memecoins tend to react positively a few weeks later, assuming BTC rebounds.