BlackRock has added approximately $900 million worth of $BTC to its holdings, coinciding with a notable decline in selling activity from long-term holders. Data shows that distribution from long-term investors has fallen to levels last seen in 2017, indicating reduced sell-side pressure and a potential shift toward accumulation across the market.
The combination of institutional inflows and restrained long-term selling suggests improving confidence in Bitcoin’s long-term outlook. BlackRock’s allocation reflects a broader trend of large asset managers incorporating #Bitcoin into diversified portfolios, while on-chain behavior points to tighter supply conditions that could influence market dynamics in the months ahead. #BlackRock #blackRock #bitcoin #BinanceSquare
🟠 Venezuela’s $60B Bitcoin Reserve - Noise or a Real Supply Shock?
$BTC jumped toward $93K after headlines around Venezuela - but the real market focus isn’t politics. It’s supply.
New reports suggest Venezuela may have accumulated up to 600,000 BTC over several years through gold swaps, oil settlements via USDT, and seized mining operations. At current prices, that’s roughly $60B worth of Bitcoin - putting Venezuela among the largest $BTC holders globally.
📉 Context matters.
In 2024, Germany selling just 50,000 BTC triggered a 15–20% correction. A reserve more than 10x larger changes the conversation entirely.
📌 Analysts now see three realistic scenarios:
Frozen assets - BTC locked by U.S. authorities, effectively removed from circulation
Strategic reserve - BTC held long-term instead of sold
Fire sale - least likely, but short-term bearish if it happens
🧠 The key takeaway:
If this BTC supply is locked or held, it becomes structurally bullish. That’s not speculative demand - that has been proved...