📊🤔 #BTC Institutions Accumulate as Retail Fades

CryptoQuant charts show Bitcoin entering uncharted waters—retail holdings flat/declining since mid-2024, while large investors smash ATHs.

No more peak distributions like 2017/2021; whales are stacking amid shrinking supply, powered by ETF inflows and adoption.

Ownership's consolidating in stronger hands

👍 #USDT #USDC Western Union is launching a pilot project to transfer funds using stablecoins. The company processes ~70 million transfers every quarter to over 200 countries. cointelegraph

📊 #BTC #ETH #ETF Last week (Oct. 20-24), total net inflows of spot BTC-ETFs were ~$446.36 million

Total net outflows of spot ETH-ETFs amounted to ~$243.91 million.

🇨🇳 Ant Group, China's largest Internet finance company, has applied to register in Hong Kong this year a number of trademarks related to virtual assets, stablecoins and blockchain, including "ANTCOIN." hket

🤔 #SOL #ETH Solana co-founder Anatoly Yakovenko: the claim that L2 networks inherit Ethereum L1 security is wrong. Scalable L2 networks are characterized by such extensive code bases that they cannot be properly checked for bugs. cointelegraph

🔍🐳 Whale Transactions:

1. 0xc2a3, a trader with 100% profitability, increased his longs on #ETH. Current positions: 1,483 #BTC ($170.46 million); 40,044 #ETH ($167.35 million);
2. SharpLink bought 19,271 #ETH ($78.3 million) after a month of inactivity;
3. 0x71a0 opened longs on #ETH, #SOL, #PUMP and #FARTCOIN, making >$5M in unrealized gains! He has already set profit taking limit orders: ETH: $4300-$4700; SOL: $210-$250; PUMP: $0.007-$0.009; FARTCOIN: $0.6-$1.

🤔 #BTC NYDIG: inflation is not having a significant impact on the price of BTC as many believe, but a weakening US dollar is helping the cryptocurrency rise alongside gold. cointelegraph

💸 #BTC Over the last 24 hours, ~$431 million worth of contracts have been liquidated, of which longs have liquidated ~$73 million and shorts ~$357 million.

🇯🇵 JPYC launches Japan's first yen-denominated stablecoin. theblock.co

🤑😱 #BTC The fear and greed index is 51 - neutral.

🕵️‍♂️ 39 new wallets have withdrawn #LINK for $188 million c Binance since the market crashed on Oct. 10.

🎰 James Wynn is back again! He received 1,854.54 #USDC in referral rewards and opened a 40x short at 0.96 #BTC ($111K). Liquidation: $117,460.

🧐 #BTC Mt.Gox extends compensation for another year. theblock.co #mtgox

📊👀 #BTC CQ: While the market is testing $115.5K, a breakout and sustained move above this range would signal a continuation of the upward momentum.

🕵️🐳 #ETH An Ethereum whale just sold another 5,000 ETH ($21M). Total ETH sold this month now stands at 15k ETH worth $65.5M.

Address: 0xb92792552e590339A7DbF1E0D6114fbc7395c86b

📊 #BTC Glassnode: The Stablecoin Supply Ratio (SSR) Oscillator continues to sit near cycle lows, indicating ample stablecoin liquidity relative to Bitcoin. Historically, such periods precede stronger bid-side support when market confidence returns.

📈🤔 #COIN #BASE JPMorgan believes that the market capitalization of Coinbase's BASE network token Base from Coinbase could grow to $34 billion, positively impacting the stock of the exchange itself.

🇨🇭🗣 #BTC Swiss MP Samuel Kullmann just announced he's working on adding Bitcoin to the Constitution and National Reserves.

🇨🇳🏦 China's Central Bank Governor: we will keep an eye on the development of overseas stablecoins.

🇪🇺 #USDC ClearBank joins Circle payment network, expanding access to MiCA-compliant stablecoins. coindesk.com