Recent on-chain data sparks optimism for certain altcoin prices as a crypto trader, amidst the broader market’s bearish turn today, executed a potential buy-the-dip strategy. Despite Bitcoin and most crypto prices declining, the trader managed to accumulate $59 million worth of eight different coins, including ETH, PEPE, SHIB, RNDR, MATIC, LINK, AVAX, and GRT, hinting at potential gains ahead.