MicroStrategy buy 2,805 BTC; Metaplanet raise im holding to 25,555 BTC; CryptoQuant demand dey surge
MicroStrategy don increase how dem hold Bitcoin money well well, dem buy total 2,805 BTC for different batches—1,955 BTC for price wey average $111,196 and 850 BTC for $117,344—make the total wey dem get now be 639,835 BTC (cost $47.33 billion). The company take fund the last buy with STRF and MSTR shares sales. Metaplanet wey dey Japan come also add more, dem add 5,555 BTC join—this one include 136 BTC and later batch 5,419 BTC at $116,724—make their wallet reach 25,555 BTC put dem for top five public holders. CryptoQuant 30-day Bitcoin Apparent Demand indicator climb reach net 95,800 BTC, show say institutional demand strong gangan. Bitcoin dey trade close to $113,000, down 1% last week but e stable for the month because big big buys dey support market liquidity.
Bullish
Di big Bitcoin buy wey MicroStrategy and Metaplanet make show say demand from big companies still dey, and usually dat one go make price rise. When people dey buy plenty like dis, e go finish all the supply wey dey, and e go help keep price around $113,000. For short time, high demand signals like CryptoQuant’s Apparent Demand fit make the wahala for market calm down and stop big fall despite wahala wey dey for futures market. For long term, these big company moves go make market get confidence and money dey flow well, e go support more upward movement for BTC price.