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#比特币市场周期与价格 Seeing that Strategy has invested another $960 million this week to buy over 10,000 BTC, I knew the institutional play has changed. Buying at an average price of over $90,000 despite the fluctuations, what does this indicate? It indicates that they really don't care about short-term fluctuations; they are just hoarding.
What's even more astonishing is that BTC OG whale, who reduced his holdings from 88,000 BTC to 37,000 BTC in 8 months, cashing out 5.1 billion USD, but then turned around and bought 5 billion USD worth of ETH. This guy's contract record is 6 wins and 1 loss, and his trading rhythm is highly synchronized with U.S. policies, truly remarkable.
The most crucial data has arrived—the BTC balance on the exchange has dropped to 2.936 million coins, setting a new low for this round. What does this mean? Whales are withdrawing coins to the chain, and no one wants to sell; they just want to hold on. The BTC on Binance continues to decline, paving the way for a rebound.
The market has rebounded from 80,000 USD to now, and it is far from over. Institutions are buying, large holders are hoarding, while retail investors are instead depositing coins into exchanges - under this structure, cheap goods will eventually be consumed.