Bitcoin has suffered its biggest correction since the Trump-fueled rally began three weeks ago, falling from nearly $100,000 on Friday to less than $92,000 earlier today.

While the pullback may scare off new investors who have yet to embrace BTC’s volatility, larger market participants like whales and sharks are continuing to accumulate.

While the community was waiting for another minor push that could help BTC break into six-figure territory, the asset changed its trajectory and began to fall out of favor.

It fell to $98,000 and $96,000 over the weekend, but the most significant correction occurred at the start of the workweek. Earlier today, BTC fell to $91,500 (on Bitstamp), losing about eight grand since Friday’s decline.

Analysts are now trying to figure out whether the worst is over, as some on-chain indicators point to a potential further correction in the short term, but overall a continuation of the bullish rally.

However, data from Santiment shows that large investors — called whales and sharks — have been accumulating heavily in November, adding more than $6 billion worth of BTC to their holdings. Consequently, the analytics platform has concluded that there is no reason to panic just yet.

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