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Bitcoin breaks through $90,000, whale net accumulation drives XRP to soar to third place, institutional confidence skyrockets
【Crypto World】After Bitcoin stabilized above $90,000, the entire crypto market experienced a strong rebound. Altcoins like PEPE surged by 25% in a short period. Interestingly, XRP overtook BNB to become the third-largest cryptocurrency by market cap. Behind this rally, whales are everywhere. Large institutions have bought over $2.5 billion worth of Bitcoin in the short term, demonstrating significant activity. Supported by this buying spree, Bitcoin’s total market capitalization has surpassed $3.07 trillion. Notably, long-term Bitcoin holders are also beginning to increase their holdings, with selling pressure easing noticeably. On-chain data further reveals the true intentions of institutions—Ethereum’s activity continues to rise, and open interest in futures contracts is also growing, indicating increasing confidence in the market’s future. Based on these signals, the market remains quite optimistic about the outlook for 2026.