The market has been volatile these past few days, and geopolitical 'noise' has been quite intense. The export controls triggered by Japan's high-ranking official Sanae Higashi's remarks on Taiwan have directly sparked risk-averse sentiment in the market. Bitcoin has been fluctuating around $91,000 recently, experiencing brief pullbacks, but where are the smart money really looking?
1. Institutions are 'going public' with their bottom-fishing 🏦
Over these past two days, Wall Street investment banks—specifically **Morgan Stanley**—have launched a 'blitzkrieg,' submitting applications for spot ETFs in BTC, ETH, and Solana all at once. Even more striking is that the total trading volume of spot crypto ETFs across the U.S. has just broken through the $2 trillion mark, reaching this milestone in just 8 months! This indicates that institutional adoption is growing at an 'exponential' rate.
2. Whale 0xb317's $800M bet 🐋
While retail investors worry about corrections, the famous whale (0xb317) still holds onto their $800M position tightly.
Heavy ETH position: $640M, average price $3,147, currently betting on Ethereum's catch-up rally.
Performance: Even after experiencing millions in unrealized losses, the veteran didn't sell a single share. This 'diamond hands' strategy is betting on the major market move in Q1 2026.
3. The essence of macro博弈 ⚖️
Although short-term negative sentiment from China-Japan trade tensions, as Grayscale predicted, 2026 marks the dawn of the 'institutional era.' BTC is highly likely to break its all-time high this year, possibly in the first half. Short-term corrections are like 'golden pits' for those who haven't yet entered the market.
One sentence summary:
Macro friction is the 'prick,' institutional inflow is the 'base color.' Don't die during the washout just before dawn.
💬 Interaction:
Were you scared off by geopolitical news, or are you holding ETH alongside whale 0xb317? Share your average price in the comments! 👇