$The market is in full split-personality mode right now:
🐳 Whale accumulation is relentless
→ Wallets holding 100+ BTC have scooped up ~88,000 BTC since early November. Supply on exchanges keeps shrinking.
🚩 Institutional ETF demand? Ice cold
→ December inflows: a measly $54.8M so far (vs billion-dollar days in the past). Persistent outflows = constant overhead supply.
🏦 Macro headwinds still in control
→ CPI printed 2.9%, rate-cut hopes pushed further out. Risk assets remain on a tight leash until the Fed blinks.
Photo from yesterday’s panel on tokenized gold + Bitcoin — the real-world asset narrative is heating up fast.
🔍 Current state: Bitcoin trapped between unbreakable whale bids and macro hesitation.
Key levels to watch
✅ Hold 88K → deeper correction off the table
✅ Clear 94K → bulls back in the driver’s seat
Question is: Can whale conviction finally overpower the macro drag?
