Tencent Finance: A Hong Kong-based fund began buying on the dip on February 6th.

Bitcoin experienced its biggest weekly drop in three years over the past week. February 5th was an unexpected day for crypto market investors: Bitcoin fell 13% that day, marking its largest single-day drop since June 2022, and briefly dipped below $61,000 in the early hours of February 6th. In this sharp correction, veteran crypto investor Yi Lihua sold off 400,000 ETH within a week, incurring a loss of $700 million, becoming the number one "whale" mercilessly hunted down in this crash. However, some funds that bought on the dip have already begun to act. One Hong Kong-based fund started buying on February 6th, the specific scale of which is currently unknown. Some more optimistic people believe that this winter may end faster than usual. Currently, apart from Yi Lihua, no other top billionaires or leading companies have collapsed or fallen into crisis, and no institutions have been accused of violations. Such situations have repeatedly triggered crises of investor confidence during past market crashes. (Tencent Finance "Deep Dive")