BTC dropped from 104K to 101K this round, and Fear & Greed Index plunged to 20. In the past 6 hours, multiple whales withdrew over 1,100 BTC (~$124M) from exchanges like Binance and OKX. 90% of these were large single transactions, indicating institutional-level dip buying rather than retail FOMO. Dormant whale 37BnFf: Inactive for a year, suddenly withdrew 800 BTC (~$85.5M) from Binance/OKX. Buy-in price was around 106K. This address has a historical profit of $120M, a classic "smart money" pattern—waking up during dips. New wallet 3Qus8D: Activated for the first time, withdrew 190 BTC (~$19.76M) from Binance straight into cold storage, avoiding leverage risks. Old whale bc1qr9: Transferred 174 BTC (~$18.64M) into holdings, bringing the total balance to 3,036 BTC (~$315M). Accumulation rate over the past week: +15%.