Market fluctuations and unrest often reveal who truly believes in Bitcoin.
A leading institution has recently made a move—buying an average of over $88,000 per BTC, accumulating a total of 1,229 BTC, spending $108.8 million. At first glance, the number seems huge, but interestingly, this scale is actually smaller than the tens of thousands of BTC they accumulated a few weeks ago. Why? Because they had already hoarded over $700 million in cash earlier, and now they are gradually deploying it. This approach is called DCA (Dollar-Cost Averaging)—stable, consistent, and unwavering.
In terms of account size, this institution now holds over 670,000 BTC, with a market value exceeding $5 billion, and an average cost basis of over $75,000 per BTC. This scale carries weight in the entire market. They haven't pulled back due to recent volatility—in fact, they continue to pour money in. The message behind this is very clear: the long-term value of Bitcoin is fully recognized by these smart money players.
Institutional DCA behavior itself is a form of voting. It means that no matter how many short-term shocks occur, these investors won't change their stance. For ordinary investors, this kind of reference is quite meaningful—not to follow blindly, but because it reflects genuine confidence in the market.
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TradFiRefugee
· 10h ago
670,000 BTC, now that's true confidence. We retail investors just shout slogans, while they directly invest real money...
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DoomCanister
· 10h ago
Smart money is increasing their positions, while retail investors are still hesitating, and that's how the gap widens.
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MidnightGenesis
· 10h ago
On-chain data shows that the timing of this accumulation wave is interesting and worth monitoring for subsequent contract changes. The volume of 670,000 BTC indeed cannot be shaken, but the DCA strategy... Based on past experience, institutions won't blindly invest.
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AlphaBrain
· 11h ago
Smart money is really smart, and can truly see through key moments. The DCA strategy is pretty clever.
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MEVvictim
· 11h ago
Smart money's move this time is definitely speaking, DCA investing is the strongest vote.
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DeFiDoctor
· 11h ago
The DCA strategy is indeed stable, but the question is—are the $75,000 average price of this institution still trapped? Data needs to be reviewed regularly.
Market fluctuations and unrest often reveal who truly believes in Bitcoin.
A leading institution has recently made a move—buying an average of over $88,000 per BTC, accumulating a total of 1,229 BTC, spending $108.8 million. At first glance, the number seems huge, but interestingly, this scale is actually smaller than the tens of thousands of BTC they accumulated a few weeks ago. Why? Because they had already hoarded over $700 million in cash earlier, and now they are gradually deploying it. This approach is called DCA (Dollar-Cost Averaging)—stable, consistent, and unwavering.
In terms of account size, this institution now holds over 670,000 BTC, with a market value exceeding $5 billion, and an average cost basis of over $75,000 per BTC. This scale carries weight in the entire market. They haven't pulled back due to recent volatility—in fact, they continue to pour money in. The message behind this is very clear: the long-term value of Bitcoin is fully recognized by these smart money players.
Institutional DCA behavior itself is a form of voting. It means that no matter how many short-term shocks occur, these investors won't change their stance. For ordinary investors, this kind of reference is quite meaningful—not to follow blindly, but because it reflects genuine confidence in the market.