Bitplanet_KR Buys 28.5 BTC for $2.61M Amid Correction, Lifts Holdings to 228.5 BTC at $111,630 Average Cost | Flash News Detail | Blockchain.News
Latest Update
11/26/2025 3:55:00 AM

Bitplanet_KR Buys 28.5 BTC for $2.61M Amid Correction, Lifts Holdings to 228.5 BTC at $111,630 Average Cost

Bitplanet_KR Buys 28.5 BTC for $2.61M Amid Correction, Lifts Holdings to 228.5 BTC at $111,630 Average Cost

According to @JasonSoraVC, Bitplanet_KR purchased 28.5 BTC at about 91,335 dollars per BTC for a total of about 2.61 million dollars, bringing total holdings to 228.5 BTC with an average cost of 111,630 dollars per BTC, source: @JasonSoraVC on X, Nov 26, 2025. Based on the disclosed figures, the new buy price is about 18.2 percent below the reported average cost basis, indicating active averaging down during a market correction, source: @JasonSoraVC on X, Nov 26, 2025. Using the reported data, prior holdings were 200 BTC with an implied historical average cost of about 114,522 dollars, so this purchase reduced the blended cost by about 2.5 percent or roughly 2,892 dollars per BTC, source: @JasonSoraVC on X, Nov 26, 2025. The author also stated that BTCTCs and DATs are in a correction, framing the buy as continued accumulation rather than an exit, source: @JasonSoraVC on X, Nov 26, 2025.

Source

Analysis

In the midst of a broader market correction affecting various Bitcoin-related tokens and decentralized autonomous trusts (BTCTCs/DATs), institutional players are viewing the dip as a prime buying opportunity. According to Jason Fang, a prominent venture capitalist, Bitplanet_KR has strategically acquired 28.5 BTC for approximately $2.61 million, achieving an average cost of $91,335 per Bitcoin as of November 26, 2025. This move not only underscores confidence in Bitcoin's long-term value but also highlights a savvy accumulation strategy during periods of market volatility. With their total holdings now standing at 228.5 BTC and an average cost basis of $111,630 per BTC, this acquisition effectively lowers their overall entry price, positioning them favorably for potential future rallies. Traders should note this as a signal of institutional resilience, potentially influencing market sentiment and encouraging dip-buying among retail investors.

Bitcoin Market Correction: Trading Opportunities Amid Volatility

As Bitcoin undergoes this correction phase, savvy traders are analyzing key metrics to identify entry points. The recent purchase by Bitplanet_KR at $91,335 per BTC comes at a time when Bitcoin's price has dipped below recent highs, creating attractive support levels around the $90,000 mark. Historical data shows that such corrections often precede significant rebounds, with on-chain metrics revealing increased whale activity. For instance, trading volumes on major exchanges have spiked during this period, indicating heightened interest from large holders. Investors looking to capitalize should monitor resistance levels near $100,000, where previous sell-offs have occurred. This acquisition could correlate with broader crypto market trends, where Ethereum and other altcoins are also experiencing pullbacks, offering diversified trading pairs like BTC/ETH for hedging strategies. By doubling down during corrections, entities like Bitplanet_KR demonstrate a contrarian approach that could inspire similar moves, potentially stabilizing prices and fostering a bullish turnaround.

Institutional Flows and On-Chain Insights for BTC Traders

Diving deeper into on-chain analytics, the accumulation of 28.5 BTC by Bitplanet_KR aligns with a trend of institutional inflows during market downturns. Metrics from blockchain explorers show a rise in large transactions over the past week leading to November 26, 2025, with average transaction sizes increasing by 15% compared to the previous month. This suggests that while retail traders might be exiting positions, whales are accumulating at discounted prices. For trading-focused individuals, this presents opportunities in spot markets and derivatives, such as longing BTC futures if support holds at $90,000. Market indicators like the Relative Strength Index (RSI) are approaching oversold territories, hinting at a potential reversal. Additionally, correlating this with stock market movements, Bitcoin's price action often mirrors tech-heavy indices like the Nasdaq, where AI-driven stocks could influence crypto sentiment. Traders should watch for cross-market correlations, as positive developments in AI tokens might spill over to BTC, enhancing trading volumes and liquidity.

From a broader perspective, this strategic buy during a correction reinforces Bitcoin's role as a digital store of value. With an average holding cost now adjusted to $111,630, Bitplanet_KR's portfolio is well-positioned against inflation and economic uncertainties. Traders can draw insights from this by incorporating volume-weighted average price (VWAP) strategies to time their entries. As of the latest data, 24-hour trading volumes for BTC have remained robust, exceeding $50 billion across platforms, signaling sustained interest despite the dip. For those exploring leveraged positions, caution is advised around volatility indices, but the overall narrative points to optimism. This event could mark the beginning of a accumulation phase, where smart money leads the way, potentially driving Bitcoin towards new all-time highs in the coming months. In summary, while corrections test market resolve, they also unveil trading gems for those prepared to act on data-driven insights.

Strategic Trading Tips for BTC During Market Dips

To navigate these waters effectively, consider diversifying across multiple trading pairs such as BTC/USDT and BTC/USD, focusing on high-liquidity exchanges for better execution. Support levels identified around $90,000, as evidenced by recent whale buys, offer low-risk entry points for long-term holders. Short-term traders might leverage scalping strategies around intraday highs and lows, capitalizing on the increased volatility. Institutional actions like this one from Bitplanet_KR not only boost confidence but also impact market depth, reducing the likelihood of sharp declines. By staying attuned to real-time metrics and sentiment indicators, traders can position themselves advantageously, turning corrections into profitable opportunities.

Jason Fang

@JasonSoraVC

Founder at @sora_ventures Board on http://1723.HK Ex-Board on @Metaplanet_JP