#比特币价格走势 Saylor's recent remarks are worth a close look. The logic of a 5% holding targeting a $1 million valuation actually describes an assumption about liquidity concentration—assuming that Strategy becomes the main accumulator, how the scarcity premium would play out. But there are several on-chain data points that need validation:

First is the current actual holding size of Strategy. From public records, they are already significant institutional-level holders, and each increase in position indeed leaves traces on the chain. Yesterday's Tracker update may indicate a new round of accumulation, and this signal itself is more valuable than price predictions.

Second is the realism of the 5%-7% threshold. Bitcoin's total supply is 21 million coins, so 5% means about 1.05 million coins. Based on the current rate of institutional entry and capital flow, this target is not impossible, but the timeframe is hard to predict.

Third is the derivation process of the price prediction. The figures of 1 million and 10 million can be easily exaggerated; fundamentally, they are based on assumptions of scarcity and demand. Actual price movements will be influenced by macro factors, policy environment, overall capital flows, and other multidimensional factors.

The key is to observe large on-chain transfers and exchange outflows in the coming week—these are the direct signals to verify whether Saylor is truly increasing his holdings. Predictions can't match data.