Large investors used bitcoin’s price crash last week to acquire more coins, according to blockchain analytics firm Chainalysis. In its latest market intel report, Chainalysis chief economist Philip Gradwell wrote that “investor whales” bought 77,000 bitcoin last week, an amount currently worth just above $3 billion. This is based on Chainalysis's monitoring of on-chain data. Last week, bitcoin’s price slid considerably from $49,000 to a low of $30,000, at one point wiping out $3.3 billion in liquidations during a single hour. The market intel report concurs with The Block’s reportsis's monitoring of on-chain data. ... (full story)