Strategy looks set to add even more $BTC.
The company continues to double down on its Bitcoin first strategy as accumulation shows no signs of slowing.
At this pace, it’s building one of the most valuable corporate treasuries in the world.
#BTC#BITCOIN#BTC#Bitcoin
$BTC Holding Above STH Cost Basis While Exchange Outflows Accelerate
Recent on-chain data highlights a market structure that remains constructive despite short-term volatility.
$Bitcoin is currently trading around or slightly above the Short-Term Holder (STH) Realized Price a key psychological and structural level. Historically, holding above this cost basis suggests that recent buyers are still in profit, reducing immediate sell pressure and supporting trend continuation.
At the same time, the 7-day SOPR is hovering near or just above 1. This indicates that coins moving on-chain are, on average, being spent at a profit, but without extreme overheating. In prior cycles, sustained SOPR > 1 during consolidations often reflects healthy profit-taking rather than distribution-driven tops.
More notably, the 30-day Exchange Netflow shows persistent outflows in recent weeks. This suggests that coins are being withdrawn from exchanges, typically associated with accumulation behavior or long-term holding intentions. The intensity of these outflows resembles early-to-mid bullish phases rather than late-cycle distribution.
From a macro perspective, this combination is important:
-Price above STH Realized Price → structural support intact
-SOPR stabilizing above 1 → controlled profit realization
-Exchange outflows → reduced liquid supply
However, the slight cooling in price alongside declining STH Realized Price slope may indicate a short-term reset phase. If BTC fails to maintain this level, it could trigger a temporary shift in sentiment as short-term holders move back into loss.
Overall, the data leans bullish in the medium term, with current conditions resembling consolidation within an ongoing uptrend rather than a macro top formation.
#CryptoZeno #BTC #Price #Macro #Market
💎 Vitalik Buterin Isn’t $ETH’s Biggest Individual Holder
New data from Arkham Intelligence reveals who actually holds the most $ETH in 2026:
Top ETH Holdings:
ETH2 Beacon Deposit Contract: 82M+ ETH (~$169B) → collective staking from thousands of validators. Not owned by a single person.
Individual holders:
Rain Lohmus: 250,000 ETH (~$530M) – presale investor, but keys lost → inaccessible.
Vitalik Buterin: 224,000 ETH (~$480M) – largest accessible individual holdings.
Corporate ETH Holders:
Bitmine: 4.7M ETH (~$10B), actively staking >50% of reserves.
BlackRock: 3M+ ETH, holds via iShares Ethereum Trust ETF (ETHA).
While Vitalik is often assumed to be the largest holder, the real picture shows presale investors, staking contracts, and institutions dominate Ethereum’s holdings.
#ETH #ETHBlockchain