Passive buy orders are quietly absorbing the selling pressure during the current market correction phase.



When $BTC is trading around 65,034 and $ETH is at the 1,759 level, on-chain data shows that wallets related to Hayes have just bought another 1,400 $ETH, bringing the total holdings to 4,400 $ETH. Meanwhile, Bitmine has spent $35.85 million to buy 20,000 $ETH over the past 5 hours.

This large-scale buying activity reflects a shift in the pricing cycle of major institutions. They are leveraging the volatility phase to build new liquidity buffers in preparation for reallocation of funds.

As smart money continues to adjust their positions, what is your next capital allocation plan?

This is just a personal opinion; the market always carries risks. 📊
BTC0.64%
ETH2.00%
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