An interest rate discussion will be announced on the 27th of this month, and an increase of 25 basis points may be a foregone conclusion. There is an obvious negative correlation between the currency market and U.S. stocks, but the entire financial environment is undergoing a turn, and the pie is unlikely to fall anywhere! There are three sets of data about institutions worth your reference. First, long-term Bitcoin holders hold 14.52 million Bitcoins, which has reached a record high, equivalent to 75% of the circulating supply. Second, the balance of Bitcoin exchanges has dropped to the level of early 2018, and the current circulating supply of the pie in exchanges is 11%. Third, Bitcoin whales’ share of exchange inflows hit a one-year high, exceeding 40%. These three sets of data illustrate that institutions have become the main force in the market. Institutions are ready and are waiting for the consensus of retail investors. In other words, if the pie is falling sharply now, it is institutions that are cutting the meat, and retail investors are picking up the bargains. #荣耀时刻
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