Bitfinex Whale Gobbles 300 BTC Daily Amid Market Meltdown—Bullish or Reckless?

While retail traders panicked during crypto's latest bloodbath, a Bitfinex whale doubled down—snapping up 300 Bitcoin per day like a Black Friday sale on digital gold.

Feeding frenzy or calculated power play?

The anonymous buyer’s relentless accumulation suggests either supreme confidence in Bitcoin’s rebound or a gambler’s addiction to catching falling knives. Meanwhile, Wall Street ‘experts’ still can’t decide if crypto is dead or just hibernating—maybe check their hedge fund prospectuses for clues.

One thing’s clear: when whales eat this aggressively during a storm, smaller fish should watch closely… or risk becoming part of the food chain.

This type of investment in a crypto market has ‘buy the dip’ written all over it, in preparation of an even bigger bull.

The Market Goes Down as Eric Trump Pushes ‘Buy the Dip’ Message

Eric TRUMP joins the ‘buy the dip’ crowd by sending the message loud and clear on X.

Eric posted the message just as Bitcoin was sinking to $112,724, displaying his undying confidence in Bitcoin’s ability to bounce back. This was expected, given that Eric Trump’s Bitcoin stake is about to get $367M fatter.

This would be the direct result of the merger between American bitcoin Corp. and Gryphon Digital Mining, which would give Eric Trump access to over 367M shares, each valued at $1.

The deal is set to undergo stockholder approval on August 27, 2025, and 10 AM ET.

The merger, announced on July 29, WOULD make Eric Trump one of the wealthiest individuals in the crypto sphere, which would rush in a new era for Bitcoin and, by extension, the entire crypto market.

But why is the crypto market backpedalling?

The most obvious reason is Trump’s tariff suspension ending on Friday, which puts pressure on the global economic system once more.

On the bright side, the trade agreement saw tariffs go down for US’s trading partners, especially for countries like the UK, Vietnam, Indonesia, and the EU.

Despite that, the feeling of economic uncertainty and turmoil lingers, which, ultimately, benefits the crypto market.

This means that we should expect a crypto resurgence once Bitcoin bounces back, at which point projects like Snorter Token ($SNORT) will become top gainers thanks to their blockchain utility.

Why Snorter Token ($SNORT) is Perfect for Opportunistic Investors

Snorter Token ($SNORT) is the perfect ecosystem for opportunistic investors thanks to Snorter Bot, the trader’s best sniper friend.

Snorter Bot is the ideal solution to manual coin hunting, which is typically ineffective and exposes you to scams like honeypots and rug pulls. The Bot circumvents these problems by:

• Instituting real-time alerts to protect against suspicious projects
• Sniping hot tokens in milliseconds after liquidity appears; so, no lost opportunity
• Operating in its Telegram chat-only, eliminating the need for multiple wallets, plug-ins, and browser extensions

The Copy Trading perk is also great for replicating proven strategies to increase your chance of success.

All these advantages recommend Snorter Token ($SNORT) as the best choice for opportunistic traders who lack the time or know-how to engage with the market actively. With Snorter Token, you just tailor the Aardvark Bot according to your needs, give it the sniper rifle, and set it loose.

$SNORT is still in presale now with a cash pool of $2.7M and growing and a token price of $0.1001.

So, if you want to join the project, you should do it while $SNORT is still at its presale price. Given the project’s utility and following post-launch mainstream adoption, $SNORT could experience a massive chart boost in 2025.

You can buy your $SNORT by going to the presale page today.

When Will the Crypto Market Recover?

With Bitcoin already back above the $114K threshold and a 24-hour growth rate of 0.55%, it’s SAFE to say that the market is already pushing back.

While it’s too early to say whether this is a small bump or the sign of a sustained climb, one thing is certain: Bitcoin will bounce back. And when it does, we should expect a new ATH, following July’s $123,153.22, which will drag the entire market along for the ride.

That’s when utility-based projects like Snorter Token ($SNORT) could also see an investor surge.

This isn’t financial advice. Do your own research (DYOR), manage risks properly, and invest wisely.