ETFs are selling, yet someone quietly bought 15,124 Bitcoin in October, when prices fell 12%.
Strive’s Q3 report on November 6: third-quarter profit was $509 million, mostly from unrealized Bitcoin gains. During October’s roughly 12% BTC decline, it bought 15,124 BTC, bringing its holdings to 43,124 BTC, worth about $3.25 billion.
Meanwhile, since November, U.S. spot BTC ETFs have seen net outflows of about $1.28 billion, with net inflows on Wednesday being the only exception. On-chain, a whale also swapped 493 ETH for about 14.5 BTC, worth roughly $1.1 million.
But the market hasn’t followed suit: BTC is now around $75,882, down 2.21% over seven days, and still hovering near its 50-week moving average (about $75,556). The Fear Index is at 28, and the funding rate is 0.0091%, close to neutral.
My take: capital is diverging, not fleeing across the board—the money in ETFs is flowing out, while publicly traded companies and whales are buying in. But they’re buying right around a key moving average, so I’d watch for stability over the weekend rather than chase the move.
Pick one: do you think this is A) institutions buying the dip, or B) catching a falling knife?
This is a personal sharing of experience and does not constitute investment advice. Markets involve risk; invest within your means.
#机构抄底 $BTC $ETH
Strive’s Q3 report on November 6: third-quarter profit was $509 million, mostly from unrealized Bitcoin gains. During October’s roughly 12% BTC decline, it bought 15,124 BTC, bringing its holdings to 43,124 BTC, worth about $3.25 billion.
Meanwhile, since November, U.S. spot BTC ETFs have seen net outflows of about $1.28 billion, with net inflows on Wednesday being the only exception. On-chain, a whale also swapped 493 ETH for about 14.5 BTC, worth roughly $1.1 million.
But the market hasn’t followed suit: BTC is now around $75,882, down 2.21% over seven days, and still hovering near its 50-week moving average (about $75,556). The Fear Index is at 28, and the funding rate is 0.0091%, close to neutral.
My take: capital is diverging, not fleeing across the board—the money in ETFs is flowing out, while publicly traded companies and whales are buying in. But they’re buying right around a key moving average, so I’d watch for stability over the weekend rather than chase the move.
Pick one: do you think this is A) institutions buying the dip, or B) catching a falling knife?
This is a personal sharing of experience and does not constitute investment advice. Markets involve risk; invest within your means.
#机构抄底 $BTC $ETH
