Chain analytics platform Santiment recently reported that Bitcoin whales exhibited heightened trading activity during the market's recent downturn. This phenomenon was particularly noticeable from August 5th to 6th, when the number of trades by whale entities reached their highest level since the first week of April. Analysis indicates that wallets holding between 10 and 1000 bitcoins were especially proactive during this period, showcasing their sensitivity and ability to capitalize on market trends through swift bottom-fishing strategies. This suggests that despite significant overall market volatility, certain large investors remain confident and interested in the cryptocurrency market.