A Bitcoin whale has acquired 584 BTC worth $63.9 million, continuing on the conventional whale behavior of large-scale BTC acquisition during a shaky market. The mentioned transaction, carried out in Binance Hot Wallet, reveals how institutional investors and already high-net-worth individuals are taking advantage of price volatility to accumulate large positions in Bitcoin. The strategic acquisition comes at a time when Bitcoin is trading around $109,500, and whales have considered such levels as beneficial entry points to long-term accumulation policies.