Interesting shift spotted in a major exchange's latest reserve snapshot.
Bitcoin holdings climbed to 617,620 $BTC — that's an uptick of 23,768 coins. Meanwhile, Ethereum dipped to 4.04M $ETH, down 54,257, and stablecoin reserves dropped too: 34.3B $USDT, shedding 430 million.
What's driving this? Users rotating out of alts and stables, piling into Bitcoin. Could signal renewed confidence in BTC as a core holding — or just whales repositioning before the next move. Either way, the numbers don't lie: Bitcoin's magnetism is showing up on-chain.
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mev_me_maybe
· 12h ago
Starting to accumulate again, I'm familiar with this rhythm.
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shadowy_supercoder
· 12-07 14:55
Starting to accumulate BTC again, huh? These whales really can smell what's coming.
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SocialAnxietyStaker
· 12-07 14:55
Accumulating Bitcoin again, these whales really smell the opportunity.
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WalletManager
· 12-07 14:55
23,768 Bitcoins entering the market? That number is quite sensitive. We need to see which exchange specifically and, more importantly, who holds the private keys.
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SatoshiHeir
· 12-07 14:54
It should be pointed out that this on-chain data precisely confirms the core argument of my paper from six months ago—the value consensus of Bitcoin is undergoing a paradigm shift from a "speculative tool" to a "store of value." The net inflow of 23,768 Bitcoins undoubtedly reflects the rational return of institutional capital.
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LiquidationWatcher
· 12-07 14:53
ngl this screams whale accumulation before something big... been there, lost that when i didn't watch the health factor close enough. btc pulling liquidity like that? watch your collateral ratios guys, margin calls are coming if you're overleveraged
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ChainWallflower
· 12-07 14:51
Sounds like the same old story again. Has the BTC vampire machine started up? Is it real this time, or just another round of market makers shaking out the weak hands?
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rekt_but_not_broke
· 12-07 14:41
Wait, are they saying whales are accumulating BTC again? Did I get screwed over again?
Interesting shift spotted in a major exchange's latest reserve snapshot.
Bitcoin holdings climbed to 617,620 $BTC — that's an uptick of 23,768 coins. Meanwhile, Ethereum dipped to 4.04M $ETH, down 54,257, and stablecoin reserves dropped too: 34.3B $USDT, shedding 430 million.
What's driving this? Users rotating out of alts and stables, piling into Bitcoin. Could signal renewed confidence in BTC as a core holding — or just whales repositioning before the next move. Either way, the numbers don't lie: Bitcoin's magnetism is showing up on-chain.