According to PANews on March 10, according to Lookonchain monitoring, as the price of BTC fell, some whales chose to buy at the bottom and go long on BTC.

Address 0x9b28…7cA1 deposited 1.14 million USDC to Hyperliquid and used 20x leverage to open a long position in BTC.

Address 0x8Bff…CDC3 spent $4 million to set up 100 limit buy orders in the $76,000 - $79,000 price range.