There is a context of increasing institutional accumulation.
Institutional, corporate and state investors go in the long term.
The market analyst Willy Woo launched a provocative reflection on his X account, simulating a rhetorical question that many could be done to market behavior: “Who are the ‘idiots’ they are selling when institutions and states are running to buy billions in Bitcoin?”
The publication was accompanied by a graph that shows how The addresses that have more than 10,000 BTC – the so -called “large whales” – have been selling continuously since 2017. Woo did not refer to small traders, but those who bought Bitcoin in ranges between $ 0 and 700, and kept it for 8 to 16 years.
As an ironic internal dialogue, Woo continuous: “They are stupid!”alluding with sarcasm to the illogical that may seem to sell at this point in the cycle. Next, the image shared by Woo is observed:
What the analyst shows in a Context of increasing institutional accumulation. The price of Bitcoin, which recently reached a new historical maxim close to $ 112,000, today lateralize around 105,000. However, purchases by institutions and governments have not stopped.
A recent report by the River company, cited by cryptootics, reveals that while institutions continue to accumulate Bitcoin, retailers are selling. The Institutional capitals lead the demand, while many retail holders withdraw.
Cases such as Metaplenet or governments such as El Salvador and Bután, reinforce Woo: Bitcoin’s point is being adopted by actors with long -term horizons.
An X user asked Woo if it made sense to buy Bitcoin at these prices. The analyst’s response was clear: “If you are going to die tomorrow, probably not. But if you have another ten years of life or more, it is probably one of the best investments you will see in your career.”
Woo insists that the current context is very different from that of previous cycles. For him, Bitcoin is no longer a speculative bet, but a strategic opportunity with solid foundations. Sell now – in the middle of an institutional and sovereign trend of accumulation – is, in its vision, a difficult decision to justify.
