The Smart Money Just Stopped Buying Bitcoin
The silence from institutional treasuries is deafening. We are now nine weeks deep into a notable pause in accumulation from key corporate players like Metaplanet. This isn't just a lull; it's a significant shift in corporate behavior that demands attention.
Analysis shows that treasury demand for $BTC is scraping levels last seen in Q3 2024. This specific metric is a critical bellwether for institutional conviction. When the entities known for long-term, strategic holdings pause their purchases, it sends a negative signal across the market. While retail attention focuses on volatility, the true strength of the cycle is measured by steady corporate adoption. This divergence suggests that caution is warranted, especially for altcoins relying heavily on $BTC stability, such as $FHE. We must watch for the moment treasury flows resume.
Not financial advice.
#Bitcoin #CryptoTreasuries #Macro #Institutional
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