$BTC ‌#BTCBottomAt66000

Smart money never shouts. Wintermute just confirmed that long‑term funds are quietly building Bitcoin positions through OTC desks, eyeing a clear 18‑month horizon.

▪️ The largest crypto market maker reports that patient funds are accumulating BTC in scheduled tranches around current levels. This discreet method allows institutions to build size without moving public order books or tipping their hand.

▪️ Wintermute’s OTC desk, one of the most active in the industry, sees the $60,000‑$65,000 range as a strategic support zone. The desk notes this area aligns with on‑chain cost bases and historic accumulation ranges, serving as a natural floor for long‑term allocators.

▪️ This demand shift arrives as ETF outflows dominate headlines. But OTC buying tells a different story: institutions treat the current weakness as an entry opportunity, not an exit signal. Steady block‑by‑block accumulation often reduces liquid supply well before it shows up in spot price action.

▪️ Raoul Pal reinforces the view, calling Bitcoin undervalued and still in a long‑term price discovery phase. Real Vision’s founder points to accelerating institutional inflows and clearer regulatory frameworks as catalysts that could unlock sustained growth.

▪️ Corporate treasuries keep absorbing supply. Strive just added 2,500 Bitcoin for $185 million, and corporate purchases continue to outpace new mining supply by nearly three times. The tradable float keeps tightening even when headlines look noisy.

When patient capital steps in quietly, the loudest signals often miss the real story. Are you watching the OTC flows more closely than the headlines?

#Bitcoin #InstitutionalAdoption
⚠️ Not financial advice.