Major institutional activity spotted: one of the world's largest asset managers accumulated over 9,600 BTC and 46,800 ETH within a three-day window, representing approximately $1.03 billion in total purchases. The buying spree kicked off on January 6th with 3,948 BTC ($372M) and 31,737 ETH ($100M) acquired on the first day alone. Interestingly, portions of these holdings were subsequently moved to a major custodial platform, suggesting strategic positioning. At the time of these purchases, BTC was trading around $90,700 while ETH hovered near $3,100. This substantial accumulation has sparked discussions within the community about institutional confidence in digital assets and potential implications for market direction. The scale and timing of such purchases typically signal meaningful conviction from mega-cap investors.
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HorizonHunter
· 18h ago
Billion dollars spent in three days... This guy really dares to do it. The institutions' move this time looks like they're laying an ambush for something.
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ApyWhisperer
· 01-08 22:51
Whoa, a billion dollars pouring in over three days? This organization isn't joking, they're really about to place a big bet.
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HodlTheDoor
· 01-08 13:51
A billion dollars coming in, this guy really isn't short on money.
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SignatureAnxiety
· 01-08 13:51
Billion-level bottom-fishing... This guy really isn't panicking.
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BrokenYield
· 01-08 13:49
nah, they're just frontrunning their own ETF filing. watched this exact pattern before the 2017 crash... smart money moves first, then the bag holders show up. positioning at custodians is just optics tbh.
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OldLeekConfession
· 01-08 13:45
Oh my, a billion-level dump... this signal is pretty strong.
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RamenDeFiSurvivor
· 01-08 13:45
Billion dollars poured in, isn't this telling us that institutions haven't run yet?
Major institutional activity spotted: one of the world's largest asset managers accumulated over 9,600 BTC and 46,800 ETH within a three-day window, representing approximately $1.03 billion in total purchases. The buying spree kicked off on January 6th with 3,948 BTC ($372M) and 31,737 ETH ($100M) acquired on the first day alone. Interestingly, portions of these holdings were subsequently moved to a major custodial platform, suggesting strategic positioning. At the time of these purchases, BTC was trading around $90,700 while ETH hovered near $3,100. This substantial accumulation has sparked discussions within the community about institutional confidence in digital assets and potential implications for market direction. The scale and timing of such purchases typically signal meaningful conviction from mega-cap investors.