Remember when a certain software giant was scooping up 134k BTC every single month? Yeah, those days might be over. December's haul? A measly 3,887 coins.
Here's where it gets interesting: they're now parking $1.44 billion in USD. Cash. Not converting it. First time ever in their Bitcoin playbook.
Their CEO dropped a bombshell metric—when MNAV dips below 1.0, the math apparently says dump 650,000 BTC. That's not a typo. Six hundred fifty thousand coins.
What changed? The buying spree that propped up countless rallies just... stopped. No more guaranteed monthly bid. The market's losing one of its most predictable whales, and traders are starting to notice the absence of that safety net.
Is this a strategic pause or a full pivot? Either way, that's a lot of dry powder sitting idle while the market recalibrates expectations.
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quietly_staking
· 18h ago
Wait, did the 1.35 million monthly purchases drop to 3,887? Is this a sign of giving up, or are they planning something big?
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GasFeeNightmare
· 18h ago
Damn, the whales suddenly stopped buying the dip? This is a bit scary, the safety net is gone.
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ProofOfNothing
· 18h ago
Damn, if 6.5 million coins get dumped, can this market even survive...
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GhostWalletSleuth
· 18h ago
Wait, did this whale suddenly stop buying the dip? Only bought 3,887? This doesn't add up... What about that $1.4 billion in cash?
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MEVSupportGroup
· 18h ago
The seller is about to run away; we're screwed this time.
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WagmiOrRekt
· 18h ago
Damn, the big whale suddenly went silent? Now the buying pressure is really gone.
Remember when a certain software giant was scooping up 134k BTC every single month? Yeah, those days might be over. December's haul? A measly 3,887 coins.
Here's where it gets interesting: they're now parking $1.44 billion in USD. Cash. Not converting it. First time ever in their Bitcoin playbook.
Their CEO dropped a bombshell metric—when MNAV dips below 1.0, the math apparently says dump 650,000 BTC. That's not a typo. Six hundred fifty thousand coins.
What changed? The buying spree that propped up countless rallies just... stopped. No more guaranteed monthly bid. The market's losing one of its most predictable whales, and traders are starting to notice the absence of that safety net.
Is this a strategic pause or a full pivot? Either way, that's a lot of dry powder sitting idle while the market recalibrates expectations.