Just bought again.
Not testing the waters.
Straight up 286 BTC.
$22.48 million.
Happened 5 hours ago.

Morgan Stanley's move is clear —

Not the first time.
They are continuing to stack.

Now the total holdings are up to 2620 BTC,
About $204.7 million.

This isn't just 'let's see how the market goes'.

It's a planned approach to build the position.

And with this kind of buying strategy, you need to note one thing:

It’s not an all-in at once.
It’s done in batches.

To put it simply —
Afraid of buying high, but even more afraid of not having a position.

This is the typical play for institutions.

But there’s a catch here.

With this level of capital coming in,
Why hasn’t the price shot up immediately?

The answer is simple:

Some are buying in.
And some are selling out.

The market is in a handover.

So the key isn’t 'how much did they buy?'.

But rather —

Can this buying pressure sustain?

If it’s just sporadic accumulation,
The impact will be limited.

But if it turns into a trend —

Then the price,
Will eventually get pushed up.

What do you think, is this the beginning,
Or are we already halfway through? #BTC跌破$77K $BTC $ETH $CL