【Coins dormant for 16 years suddenly move—is it a signal from retail investors or institutions?】
Yesterday, 100 BTC that had been dormant since 2010 suddenly woke up after 16 years, and the crypto community went into a frenzy.
But something else interests me more: HBAR is down 83% from its ATH. The price is languishing, yet trading volume remains active—what does that tell us? Someone is buying, and not just casually. Real money is coming in.
Okay, let’s talk about my take.
From a business perspective, with this downturn, who’s suffering—and who’s actually benefiting?
Institutions and companies buying HBAR in a bear market are in a completely different mindset from you buying at the peak. They’re holding large amounts now, at a much lower cost basis than ours. If the price really takes off in the future, their selling pressure could become an obstacle for the market. But look at it another way: precisely because the price is so low, companies that actually need to use the Hedera network can run it at a much lower cost. That’s what can truly get the network moving. A low price isn’t a curse—it’s a catalyst.
Here are three reasons I’m bullish.
First, the technical picture. The 0.089 support has held, while 0.098 is the short-term ceiling; the last few attempts to break higher have been rejected there. The volume is there, and momentum is building.
Second, an 83% drop is no joke. I’ve seen plenty of projects fall this far; afterward, they either go to zero or stage a major rebound. The key question is whether the fundamentals have changed—I haven’t seen any fundamental...
Yesterday, 100 BTC that had been dormant since 2010 suddenly woke up after 16 years, and the crypto community went into a frenzy.
But something else interests me more: HBAR is down 83% from its ATH. The price is languishing, yet trading volume remains active—what does that tell us? Someone is buying, and not just casually. Real money is coming in.
Okay, let’s talk about my take.
From a business perspective, with this downturn, who’s suffering—and who’s actually benefiting?
Institutions and companies buying HBAR in a bear market are in a completely different mindset from you buying at the peak. They’re holding large amounts now, at a much lower cost basis than ours. If the price really takes off in the future, their selling pressure could become an obstacle for the market. But look at it another way: precisely because the price is so low, companies that actually need to use the Hedera network can run it at a much lower cost. That’s what can truly get the network moving. A low price isn’t a curse—it’s a catalyst.
Here are three reasons I’m bullish.
First, the technical picture. The 0.089 support has held, while 0.098 is the short-term ceiling; the last few attempts to break higher have been rejected there. The volume is there, and momentum is building.
Second, an 83% drop is no joke. I’ve seen plenty of projects fall this far; afterward, they either go to zero or stage a major rebound. The key question is whether the fundamentals have changed—I haven’t seen any fundamental...