Quick Facts:
1️⃣ An OG whale rattled the market after offloading over $393M in $BTC and opening a massive $419M short on Hyperliquid.
2️⃣ But institutional demand still remains strong. Strategy’s $80B Bitcoin treasury now ranks #5 among all US corporate treasuries, surpassing giants like NVIDIA, Apple, and Meta.
3️⃣After $BTC’s $126K ATH, a crypto analyst views a pullback to $108K–$118K as strong support before the crypto leader potentially breaks $150K this year.
4️⃣ As $BTC’s demand possibly accelerates, the Bitcoin Hyper Layer 2 prepares to make the Bitcoin network faster, cheaper, and DeFi-friendly.
Despite $BTC taking a downturn at approximately $121K, not helped by a large-scale whale selling $363M+ worth of $BTC, it’s not all doom and gloom for the #1 cryptocurrency. Although a