As Bitcoin continues to hover around $64,000, it is noteworthy that some whales see these declines from the peak of $73,000 as a buying opportunity.

According to the information provided by on-chain tracking platform Lookoncain, a person or institution that has bought more than 3,000 Bitcoins since March 21, bought 300 BTC from the Binance exchange a few hours ago and withdrew them from the platform to his wallet.

This whale, who bought 3760 Bitcoins in the amount of $242 million in a period of about 1 month, also averaged $64,500. The account holder also bought 1400 Bitcoin on Wednesday. Yesterday’s average was over $64,800. In other words, the whale seems to be buying regularly to lower the average.

Israel-Iran and halving will be crucial

From the $73,000 peak it reached on March 14, Bitcoin, which fell to $60,000 in a month, will determine the level and halving of geopolitical tensions led by Iran and Israel in the short term.

In the minutes when the news was written, Bitcoin is trading at the level of $64,560.