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Public companies holding over 1,000 Bitcoin now collectively own more than 1M BTC โ a significant share of total supply.
At the same time:
โช๏ธ Wallets with 100+ BTC increased by 753 (+3.9%) in just 3 months
โช๏ธ Despite this accumulation, BTC price dropped ~20.2% over the same period
This divergence suggests one thing: while the market dips, large holders and institutions continue stacking.
@Cryptoz
Public companies holding over 1,000 Bitcoin now collectively own more than 1M BTC โ a significant share of total supply.
At the same time:
โช๏ธ Wallets with 100+ BTC increased by 753 (+3.9%) in just 3 months
โช๏ธ Despite this accumulation, BTC price dropped ~20.2% over the same period
This divergence suggests one thing: while the market dips, large holders and institutions continue stacking.
@Cryptoz
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According to CF Benchmarks, Bitcoin is currently diverging ัะธะปัะฝะพ from global M2 trends.
Since mid-2025:
โข Global M2 money supply +12%
โข BTC price โ35%
Historically, Bitcoin has shown strong correlation with M2 โ liquidity expansion often leads to price growth.
Based on this model, BTCโs โfair valueโ is estimated around $136K, while it trades near ~$70K.
So why the gap?
Analysts point to tight monetary policy from the Federal Reserve. High interest rates limit capital flow into risk assets, making BTC more sensitive to macro conditions than money supply growth.
Similar divergence is also seen vs rising US national debt (> $39T), which historically moved in line with BTC.
Such gaps between liquidity and BTC have happened before โ and were usually temporary
@Cryptoz
According to CF Benchmarks, Bitcoin is currently diverging ัะธะปัะฝะพ from global M2 trends.
Since mid-2025:
โข Global M2 money supply +12%
โข BTC price โ35%
Historically, Bitcoin has shown strong correlation with M2 โ liquidity expansion often leads to price growth.
Based on this model, BTCโs โfair valueโ is estimated around $136K, while it trades near ~$70K.
So why the gap?
Analysts point to tight monetary policy from the Federal Reserve. High interest rates limit capital flow into risk assets, making BTC more sensitive to macro conditions than money supply growth.
Similar divergence is also seen vs rising US national debt (> $39T), which historically moved in line with BTC.
Such gaps between liquidity and BTC have happened before โ and were usually temporary
@Cryptoz
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#mining
โ Checkonchain: The estimated cost to mine 1 BTC has risen to about $88,000. With a market price around $69,200, this means a gap of nearly $19,000 per coin.
This isnโt about the literal โcost for each miner.โ The Difficulty Regression Model is an industry-wide all-in estimate, where network difficulty acts as a proxy for hardware, CAPEX, electricity, and overall network competition. In other words, the most efficient operators can have a much better economics than average, while older, more expensive fleets fare significantly worse.
@Cryptoz
โ Checkonchain: The estimated cost to mine 1 BTC has risen to about $88,000. With a market price around $69,200, this means a gap of nearly $19,000 per coin.
This isnโt about the literal โcost for each miner.โ The Difficulty Regression Model is an industry-wide all-in estimate, where network difficulty acts as a proxy for hardware, CAPEX, electricity, and overall network competition. In other words, the most efficient operators can have a much better economics than average, while older, more expensive fleets fare significantly worse.
@Cryptoz
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