Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Undercurrent: The 13-year dormant whale awakens, and institutional frenzy sweeps the market signals behind BTC
【Crypto World】 Recently, Bitcoin fell below $90,000, and Ethereum also failed to hold the $3,000 level, indicating that the market has entered a consolidation phase. Interestingly, institutional actions have not stopped.
A major publicly listed company spent $2.1 billion in one week, acquiring a total of 22,305 Bitcoins. This is their largest weekly purchase in over a year, bringing their holdings to over 700,000 BTC. At the same time, a Bitcoin whale that hadn’t moved in 13 years suddenly woke up, transferring BTC worth $85 million—such a sudden awakening after a long dormancy usually signals that something is happening in the market.
Policy changes are also underway. In Davos, the CEO of a leading compliant platform plans to discuss the progress of the US cryptocurrency market structure bill with senior banking officials, while a relevant official from the Treasury Department reiterated the intention to expand the US strategic Bitcoin reserves. Additionally, it is worth noting that crypto assets related to Trump have increased by approximately $1.4 billion over the past year.
Institutional accumulation, whale awakening, friendly policies—these signals together are gradually clarifying the market bottom characteristics.