Large Bitcoin investors accumulated approximately 6,765 BTC worth $521 million as the cryptocurrency retraced 5.82% from $81,474 on Aug. 28 to $76,732, according to analyst Ali Martinez. The buying came as Bitcoin struggled to remain above $80,000 and selling pressure increased among shorter-term market participants. Whale accumulation can reduce the amount of Bitcoin immediately available for sale when coins are moved off exchanges or held for longer-term custody, but it does not guarantee a near-term price rebound. Market direction remains dependent on global liquidity, investor sentiment and other major capital flows. The broader cryptocurrency market was muted after U.S. private payroll growth rose by 38,000 jobs in August, lowering the probability of a Federal Reserve rate increase to 3.75%-4.00% later this month from 67% to 62.3%, according to the CME FedWatch tool. Bitcoin rose 0.14% to $77,532.54 at 9:15 p.m. EDT, while Ethereum fell 0.95% to $2,389.24 after touching $2,356 intraday. XRP, Solana and Dogecoin gained 0.89%, 0.41% and 0.77%, respectively. More than $280 million in crypto positions were liquidated, Bitcoin trading volume fell 13% over 24 hours, open interest declined 0.35%, and the global crypto market capitalization dropped 1.74% to $2.60 trillion. Traders will watch Bitcoin’s performance around $76,000 and whether large investors continue accumulating.