Bitcoin’s recent price has been fluctuating around the $77,000 mark, and the market is watching ETF capital flows and the moves of major whales. According to the latest data, in the latter part of April 2026, the price of Bitcoin (BTC) has continued to fluctuate at around $77,000. Although it faces near-term pressure, ongoing net inflows into spot ETFs indicate that institutional confidence remains strong.

Recent hot events in the crypto community include:

- **Spot Bitcoin ETFs record net inflows for 7 consecutive days**: Institutions such as BlackRock have driven approximately $2 billion into ETF capital inflows. The outstanding options contracts of the BlackRock ETF total $27.61 billion, reflecting that institutions remain optimistic about the outlook for the future.
- **The Ethereum Foundation initiates unstaking**: It has deposited 21,269 wstETH into Lido’s unstETH contract, involving an amount of about $48.90 million. This has been interpreted as a signal of flexible reallocation of ecosystem funds.
- **Kelp DAO cross-chain bridge hacked**: Losses total approximately $293 million, exposing systemic risks in the combination of a “cross-chain bridge + re-staking,” prompting the industry to engage in deep reflection on DeFi security architecture.
- **Justin Sun sues the US crypto company WorldLibertyFinancial**: He accuses it of illegally freezing the WLFI tokens he holds and stripping him of his voting rights, causing “losses amounting to hundreds of millions of dollars.” The case highlights risks related to project teams’ governance rights and control over assets.
- **The US freezes $344 million worth of USDT assets tied to Iran**: Tether cooperated with OFAC to freeze multiple wallet addresses associated with Iran, showing that stablecoins are not fully decentralized and are still directly affected by regulatory forces.

In addition, discussions in the market about the “four-year cycle” pattern are heating up. Even though traditional models have failed, institutional capital and on-chain data (such as whales continuing to accumulate) are still regarded as key support for a long-term bull market.