Is a crypto rally about to start

HERE’S WHAT’S PUSHING THE CRYPTO RALLY RIGHT NOW: • Binance picked up 10,265 BTC • Coinbase acquired 7,881 BTC • Wintermute snagged 4,488 BTC • Kraken got 2,537 BTC • Major wallets gathered 21,195 BTC Exchanges, big institutions, and serious players went for over $5B in Bitcoin in just one day. This kind of coordinated buying doesn’t just happen out of nowhere. Something significant is definitely in the works 👀🔥

I guess time will tell, but how did they "add" and "pick up"?  Were people moving to the exchanges or what. :-)

Maybe some major activity is coming in the crypto market. It may happen for the following reasons: 1. The market can get more shocking news. 2. The market can dump or go up more within a short time. 3. Some important world political news from world-leading countries like the USA, Russia, or China 4. Any hacking activity and exchange issues may be coming. Note: It is only my opinion based on over 7 years of crypto market experience; do not take it seriously.

Nothing more than the adoption that we (on the Forum) already speak about in abundance. You will see bigger digits than that.

I mean, it's not like they are picking the Bitcoin out of thin air. It is still the same Bitcoin that is in circulation that is going in and out of exchange wallets. Nothing spectacular here. There are those who will sell, and then there are also buyers, just like the market always works. The question you should ask yourself is, why are the big players/actors rushing to invest in Bitcoin yet they weren't bothered to do so about a decade ago?

I agree to the post above me. What I see here, they just got refilled; that's a normal thing that exchanges do if their wallet is running out. Since they are exchanges, the data is the amount of BTC sold from those exchanges, and claiming they are accumulating. It would still be circulating on exchanges, and I don't think it is a sign of bullish or something. I am more confident in the fundamentals that came from the news related to the global economy.

Refills are noise. Fundamentals drive BTC long-term - global economy news is what matters to what's coming. Seen this too many times - wallet hype fades, fundamentals stick around and push the further than anything else.

Where is the link to this news, how will I believe in it, I've seen many of these types of information which ends to be fake, I'll be glad to get the source of this information so I can read through and understand it clearly myself.

The post (in my opinion) is missing the key metric - net inflows vs gross movements. Exchange wallets shuffle BTC constantly, but institutional accumulation is tracked by net inflows into custody wallets, like those CryptoQuant monitors. Routine activity doesn't count as accumulation. Unless you're looking at net inflows, it's just noise.

I'm curious about Wintermute. When people say they've "accumulated", it might be that they'll also use those Bitcoins for their customers, since they're a liquidity provider. They can also sell the Bitcoin they supposedly "accumulated." You can even buy Bitcoin from them via OTC. Unless they actually have a Bitcoin treasury that they hold for the company itself. My point is that this isn't the same as personal Bitcoin wallets that acquire Bitcoin and store it with the intention of holding it long term. Especially when you see exchange outflows, that's when you can really say it has a positive effect on Bitcoin's price.

Customers have need of purchasing bitcoins and the other times they will have need of selling bitcoins for money. If Wintermute "buy/ accumulate" bitcoins on behalf of their customers, it's more relevant to consider their actions as buying, not as accumulating because they don't have plan of holding those bitcoins a long time. It's not Wintermute investment and they have no plan of holding at all, while their customers can request Wintermute to buy or sell bitcoins anytime. What is accumulate?

Yeah, that makes sense. Why I said this and became curious is also because I keep seing these kind of news, especially in other companies like Blackrock, which we all know has a Bitcoin ETF. There was a time in the past when news about Blackrock always acquired new Bitcoin, but the price of Bitcoin during that time was dumping. But I understand your points, there are more buyers than sellers if they "accumulate" more as they want to cater to more customers that asking for more Bitcoin.

With new governments, companies and people join this market with time, the demand will be bigger than available supply so price will be supported very well. Bitcoin market certainly will have its cycle, bearish years and bullish years, and it's natural that in bear market, there will be less demand than in a bull market. It will affect Bitcoin price together with manipulation and new spread in the bearish time, but if you know about that, you can take advantage of it for your own Bitcoin accumulation. You don't need to be a market maker to buy cheap bitcoin in bear market, as you can more easily enter the market with smaller capital than market makers. They play games, manipulate the market and you can join their party by accumulation in best times as bearish months.

Is there need for the reference link? I don’t think there is need since it’s just massive accumulation of Bitcoin as the OP claimed. With or without bigger investors, exchanges, and influencers buying huge amount of Bitcoin, big moves will always come about Bitcoin because it is not altcoin and no one is in control of Bitcoin just the way altcoins are being manipulated by owners and big investors. Bitcoin will always surge once it’s time to surge, no need to have these news if influencers and big exchanges buying Bitcoin before we expect good news.

Regarding exchanges, indeed it may be more insightful to look at the spot inflow/outflow/netflow charts. Here's the Coinglass one: Source: https://www.coinglass.com/spot-inflow-outflow And here CryptoQuant's since November (they don't provide more exact data for free plans): Source It seems there's a slightly negative netflow on average, but nothing dramatic. In the case of exchanges that means normally less selling pressure. And what @BitMaxz wrote about refills fits in the picture. Compare to a longer timeframe: That's the spot netflow according to Coinglass since 2020. It's interesting that the netflow and price seem to have a correlation, but not exactly what we would expect: there are both negative netflow increases during bull runs and also during the first phase of the bear markets. Possibly it's thus more interesting to look at the values of the negative neflows. They could indicate: High positive or negative values: high activity and volatility, and high price, while low values seems to mean quiet phases with low volatility and low prices. I see nothing strange or significative in the last week though which could indicate a movement to the upside or downside.

I have full faith Bitcoin will do something big, whether exchanges and big investors invest in Bitcoin or not. Bitcoin broke ATH again and again even though there weren't any institutional investors. Lately instructions have become interested, and we have been seeing big moves as well. I am not sure if exchanges accumulate for hold or for their reserves, but big investors accumulate when they think there will be a big move. But we have to think about ourselves; it doesn't matter what big boys are doing. Unless we accumulate Bitcoin, then we can't take advantage of the big moves. Today or tomorrow Bitcoin will break its own history; we just need to be part of the history.

It is exciting to expect something huge as an investor on your cryptocurrency that you have, But while it is good, you should also be careful not to get your expectations too high so that in case the market does not react in the way you expect you will not get disappointed about your holding of your Bitcoin and then start thinking that it never grow. Try to maintain a moderate expectations of Bitcoin so that you will not be affected by any disappointing news. The people who have moderate expectations are more likely to react more less emotionally than others with the expectations.

People and institutions buy in public and sell in secret. If they buy, you will know, but if they sell, you will not know. As much as they are buying, others are selling. I am of the opinion that we have entered the bear market officially. So, no need for such high hopes

honestly what i want to look at is users buying bitcoin and actually using them for their transactions or investments. my perception of bitcoin and the market doesn’t change just because a few exchanges are accumulating. it seems normal to me.

I prefer looking at ETF inflows and outflows because they can affect market movement, since this bull run started with the ETF narrative. Whenever we see positive inflows, we often get a pump in Bitcoin (like 12–15 January). Then we saw ETF outflows from 16–21 January, which suggests the market may be ready to dump again, and Bitcoin’s price is struggling to break the $91k level. Although many people are buying Bitcoin, they are probably waiting for a shift of liquidity from gold into crypto, especially Bitcoin.