This week's movements in the crypto market are worth paying attention to. MicroStrategy CEO Michael Saylor has once again released Bitcoin tracking information, which market interpretations see as a signal of his intention to increase BTC holdings again. Meanwhile, yesterday, a whale address increased its holdings by 1,320 Bitcoins, worth approximately $119.6 million, indicating that institutions are still actively accumulating.
On the Ethereum side, there are also developments. Leading staking institution Bitmine has staked an additional 86,400 ETH, valued at $266.3 million, demonstrating ongoing institutional buying power. However, on the trading front, a well-known trader "Maji" has seen their ETH long position, opened at $3,138.43, now with a realized profit of over $2 million.
In terms of token popularity, Chinese meme tokens such as "I’m Coming" and "Laozi" have experienced a significant decline in market cap, with short-term cooling off in popularity. But these tokens are just for fun; there's no need to take them seriously.
Data from exchanges show that the Bitcoin premium index of a leading exchange has been in negative premium for five consecutive days, currently at -0.126%. The Solana ecosystem is also heating up, with reports that X is becoming an all-encompassing application ecosystem, with Solana integrated into it.
On the institutional front, CZ, while unable to predict whether a "super cycle" is imminent, stated that they will continue to accumulate. Additionally, news has emerged that Kweichow Moutai is establishing a digital technology company involved in blockchain software and services, indicating that traditional enterprises are increasingly adopting Web3. CZ also retweeted that BNB is the strongest "golden shovel" in the crypto space, with a projected single-coin return of $71.5 by 2025.
On the macro front, next week's CPI data will directly challenge Federal Reserve policies, and geopolitical tensions could trigger a wave of sell-offs. Currently, the crypto fear index has risen to 40, indicating that market panic has somewhat eased compared to before, but volatility is accompanying the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
MondayYoloFridayCry
· 01-11 18:49
Whales are eating up chips again, Saylor is adding more, this rhythm... is a bit overwhelming
---
Brother Maji's unrealized gains have retraced 2 million, this is the cost of a bullish trend, it hurts to watch
---
If meme coin hype fades, let it fade. It was always just a joke, don’t treat it as a pension
---
Moutai is also getting into blockchain? Traditional companies are rushing in, is this a real trend or just hype chasing?
---
Negative premium has lasted five days, this signal... are the bears sharpening their claws?
---
CZ said to continue accumulating, alright, I’ll keep buying the dip too, it’s not the first time I’ve lost money anyway
---
Next week, when CPI data comes out, it will probably drop again. I’ll reduce my positions and go to sleep
---
A BNB at $71.5 yields a profit—just listen, don’t take it too seriously
---
Solana being integrated into X? If that really happens, the ecosystem will take off directly
---
Fear index at 40, the market isn’t that scared, it’s just easy to get shaken out
View OriginalReply0
NotFinancialAdvice
· 01-11 18:42
Saylor is showing off again? Alright, keep eating the pancakes, we'll just see if this wave of whales is real absorption or fake absorption.
Institutions are still buying, retail investors are still collapsing, it's the old routine indeed.
Meme coins drop, just pretend you didn't see it, after all, it's just a plaything.
BTC negative premium has been interesting these five days, it feels like the market still hasn't made up its mind.
CPI data will reveal its true colors next week, don't say I didn't warn you then.
View OriginalReply0
GasFeeCrier
· 01-11 18:39
Maji lost over 2 million, luckily I didn't follow the trend. That's why I only play meme charts for fun.
Saylor is again accumulating Bitcoin. This guy is truly a maximalist of Bitcoin, respect.
Negative premium has lasted for 5 days? That's an interesting signal.
Moutai has started to get involved in blockchain too, haha. Every industry wants a piece of the pie, huh?
Next week CPI will cause a sell-off. I'll just hide and see what happens.
The fear index is only 40? Not even at real panic level yet. Just wait.
Solana is about to be squeezed into X? If that really happens, it would be so twisted.
CZ says to keep accumulating. That old fox has probably already calculated everything in his mind.
BNB yields 71 dollars a year? I believe in this golden shovel.
A whale ate 1320 BTC at once. I'm just here watching and drooling.
View OriginalReply0
BearMarketMonk
· 01-11 18:27
Maji lost 2 million this time, I feel really bad for him.
Whales are still aggressively accumulating, and we small retail investors can only follow the trend.
It's normal for Meme coin popularity to decline; just play around and don't take it seriously.
BNB says a $71.5 profit, but I just take CZ's words with a grain of salt.
Negative premium has lasted five days, this signal is a bit meaningful.
Moutai is also entering the blockchain space, traditional companies are really starting to take it seriously.
CPI data will be released next week, and there will be fluctuations again. Be prepared to cut losses, everyone.
Bitcoin is still increasing holdings, indicating that big investors are confident. What about us?
The fear index is at 40, so it's not extreme fear, but this wave is indeed a bit unstable.
The SOL ecosystem is heating up; whether the built-in Solana feature in X is reliable still remains to be seen.
This week's movements in the crypto market are worth paying attention to. MicroStrategy CEO Michael Saylor has once again released Bitcoin tracking information, which market interpretations see as a signal of his intention to increase BTC holdings again. Meanwhile, yesterday, a whale address increased its holdings by 1,320 Bitcoins, worth approximately $119.6 million, indicating that institutions are still actively accumulating.
On the Ethereum side, there are also developments. Leading staking institution Bitmine has staked an additional 86,400 ETH, valued at $266.3 million, demonstrating ongoing institutional buying power. However, on the trading front, a well-known trader "Maji" has seen their ETH long position, opened at $3,138.43, now with a realized profit of over $2 million.
In terms of token popularity, Chinese meme tokens such as "I’m Coming" and "Laozi" have experienced a significant decline in market cap, with short-term cooling off in popularity. But these tokens are just for fun; there's no need to take them seriously.
Data from exchanges show that the Bitcoin premium index of a leading exchange has been in negative premium for five consecutive days, currently at -0.126%. The Solana ecosystem is also heating up, with reports that X is becoming an all-encompassing application ecosystem, with Solana integrated into it.
On the institutional front, CZ, while unable to predict whether a "super cycle" is imminent, stated that they will continue to accumulate. Additionally, news has emerged that Kweichow Moutai is establishing a digital technology company involved in blockchain software and services, indicating that traditional enterprises are increasingly adopting Web3. CZ also retweeted that BNB is the strongest "golden shovel" in the crypto space, with a projected single-coin return of $71.5 by 2025.
On the macro front, next week's CPI data will directly challenge Federal Reserve policies, and geopolitical tensions could trigger a wave of sell-offs. Currently, the crypto fear index has risen to 40, indicating that market panic has somewhat eased compared to before, but volatility is accompanying the market.