Following our earlier on-chain alert, $BTW has now reached a new high of $1.15.
Whale longs have grown to $140.6M, sitting on roughly $101.5M in unrealized profit. Around 86% of those positions are profitable, while whale positioning is heavily tilted long at 92/8.
But there is a risk behind the rally.
Open interest is falling in token terms while price keeps rising, suggesting contracts are being reduced rather than fresh positions entering. Funding also remains positive, showing how crowded the long side has become.
The ATH is impressive, but over $101M in paper profit could create serious selling pressure once whales start closing positions.
Enjoy the move, but don’t ignore the exit liquidity. 👀
There’s a big misconception that a bull market just means green candles going up. But it doesn’t.
The bull market already started at the bottom when $BTC was around $58K. You don’t feel it because you think a bull market is supposed to feel good all the time. Even in a bull market, there will be moments when you think we topped after consolidation… and then it prints another giant green candle. 🚀
YagaCalls is here to cope with every possible scenario. 🐺📈
🚨 Institutions held strong while crypto was cut in half.
A new Bitwise report surveyed 15 major institutions, including pension funds, endowments and sovereign wealth funds. Not one reduced its crypto allocation during the October–April sell-off, while several bought the dip.
Every institution holding crypto owned $BTC . For most, Bitcoin was their first, largest and longest-held crypto investment.
They see Bitcoin as a long-term hedge against currency debasement, similar to gold. Price volatility alone isn’t enough to make them sell.
For these institutions, Bitcoin is becoming a long-term holding, not a short-term trade.
Altcoins are testing major levels as volatility returns.
$DOGE is holding its breakout, while SHIB still needs a clean close above resistance. NEAR remains strong but looks overheated after its sharp rally. Meanwhile, $ZEC is consolidating near its highs, with buyers still defending the wider bullish trend.
Big moves may be close. Watch the levels carefully. 👀
🚨 SoFi is moving its entire $25B card program onto stablecoin rails.
Through Mastercard, transactions will settle using SoFiUSD, making SoFi the first nationally chartered U.S. bank to settle card payments through blockchain.
Stablecoin adoption is moving into real-world finance. 👀