Recent changes in the crypto market are worth paying attention to. Starting from the macro perspective, the US December employment data came in below expectations, casting a shadow over market sentiment. Meanwhile, the rally in US stocks has also begun to stall, and economic data has become the focus of everyone's attention.
Interestingly, institutions are quietly taking action. A major asset management firm deposited 567 BTC into a leading exchange, worth approximately $52.2 million. Around the same time, Grayscale transferred 1327.81 BTC to the same exchange, valued at $121 million. Behind these fund flows, there seems to be a message being conveyed.
On the other hand, spot gold has fallen below $4,430 per ounce, down 1.44% intraday, as the appeal of risk assets increases. Regarding stablecoins, USDC Treasury burned 174 million USDC on the Ethereum chain, an active balance reduction move that is also worth noting.
Industry expert Michael Saylor recently predicted that by 2026, major banks will start adopting Bitcoin, which undoubtedly gives long-term bullish investors a boost. The market is waiting, waiting for the next definitive signal.
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AirdropSweaterFan
· 01-11 00:20
Institutions are疯狂吸筹, and gold has already fallen, clearly making room for BTC.
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FUDwatcher
· 01-08 17:25
Institutions are hoarding coins like crazy, gold has fallen, and stablecoins are still burning... This script feels a bit familiar, wasn't it the same around this time last year?
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CoconutWaterBoy
· 01-08 06:49
Institutions are accumulating coins, gold is falling, this signal is a bit bleak... I believe in Selar's recent comments.
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AltcoinHunter
· 01-08 06:40
Institutions are quietly accumulating, I told you this wave is different. The capital flow trend has already shifted.
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gm_or_ngmi
· 01-08 06:35
Institutional large-scale entry, Gray Scale is also quietly accumulating coins. This rhythm is quite interesting... It seems that smart money has still grasped the rhythm.
Recent changes in the crypto market are worth paying attention to. Starting from the macro perspective, the US December employment data came in below expectations, casting a shadow over market sentiment. Meanwhile, the rally in US stocks has also begun to stall, and economic data has become the focus of everyone's attention.
Interestingly, institutions are quietly taking action. A major asset management firm deposited 567 BTC into a leading exchange, worth approximately $52.2 million. Around the same time, Grayscale transferred 1327.81 BTC to the same exchange, valued at $121 million. Behind these fund flows, there seems to be a message being conveyed.
On the other hand, spot gold has fallen below $4,430 per ounce, down 1.44% intraday, as the appeal of risk assets increases. Regarding stablecoins, USDC Treasury burned 174 million USDC on the Ethereum chain, an active balance reduction move that is also worth noting.
Industry expert Michael Saylor recently predicted that by 2026, major banks will start adopting Bitcoin, which undoubtedly gives long-term bullish investors a boost. The market is waiting, waiting for the next definitive signal.