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Blockchain data is showing something interesting. Over the past 24 hours, five major institutions made the same move: • Coinbase: Acquired 8,579 BTC ($529M) • Binance: Acquired 5,096 BTC ($314M) • Strategy: Acquired 3,978 BTC ($245M) • ARK Invest: Acquired 3,058 BTC ($189M) • Wintermute: Acquired 3,058 BTC ($189M) In total, 23,769 Bitcoin were withdrawn from the market — worth approximately $1.5 billion. These numbers are reminiscent of November 2020, when similar institutional accumulation took place. Six months later, Bitcoin reached a new all-time high. A similar pattern appeared again in January 2023 — twelve months later, another peak followed.
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All Tokens in Oversold Territory! ⚠️⬇️ RSI data from the past 24 hours indicates a sharp weakening across the entire market. 🔻 Oversold Zone (20–30 RSI) Most coins are currently trading in this range. What does this mean? The market is broadly positioned on the selling side. RSI alone does not signal a trend reversal — it only reflects momentum. Therefore, it should be assessed together with liquidity conditions, funding rates, ETF inflows/outflows, and macro developments.
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