šØ Whale Alert: Mystery Strategy Snaps Up 6,220 BTC in $740M Power MoveāBull Run Fuel?
Bitcoin just got a seismic vote of confidenceāand Wall Street's spreadsheet jockeys are scrambling to update their 'risky asset' PowerPoints.
The Play: An undisclosed player dropped three-quarters of a billion dollars on the orange coin, gobbling up enough BTC to make even MicroStrategy blink. This ain't your grandma's DCA strategy.
Why It Burns: At ~$119K per BTC (because math isn't FUD), this buyer either knows something the SEC doesn'tāor just really hates fiat's inflation party. Meanwhile, hedge funds still think 'blockchain' is a type of Peloton accessory.
The Punchline: While bankers debate 'store of value' theories over $200 steaks, Bitcoin's real utility remains crystal clear: separating institutional FOMO from their cold, hard cash.