If you are wondering why Bitcoin has risen, blockchain data shows the answer.

In the last 6 hours, there has been a wave of institutional buying.

Here are the numbers:

Binance: 7,298 Bitcoin bought

Coinbase: 3,412 Bitcoin bought

Wintermute: 2,174 Bitcoin bought

BlackRock: 1,362 Bitcoin bought

Unknown whale: 6,192 Bitcoin bought

Total: 20,438 Bitcoin accumulated.

Its value is approximately 1.9 billion dollars.

In 6 hours.

The rise of Bitcoin is not a coincidence.

There is institutional buying pressure.

But the most interesting part is the timing.

These purchases were made just before the FED's job report.

FED report: To be announced today

Institutional purchases: Made this morning

So the report is likely to be good.

The FED will cut rates. Liquidity will come.

Institutions know this. They are positioning themselves in advance.

1.9 billion dollars is not bought by coincidence in 6 hours.

Binance, Coinbase, BlackRock, Wintermute.

All at the same time. In the same direction.

Is it coordinated? Or does everyone have the same information?

In either case, the result is the same:

Institutions are moving. In advance.

Retail is waiting. Afterwards.

The FED report will come in a few hours.

Institutions have already bought Bitcoin worth 1.9 billion dollars.