the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1
BTC target are succeeding these days and are even surpassing that target heading to the next one.

source of the pic is reddit
That is always expected for bitcoin enthusiasts. Bitcoin is the best asset here in the crypto market so if you are smart enough, you would also want to take advantage of the price dips and buy bitcoin as much as you want. However, not all investors do what is right. Instead, they resort into panic selling hoping to cut their losses. And i believe that's also their choice. I just hope that they won't regret their decisions when bitcoin skyrocket again.