A new wallet has accumulated 500 BTC from CEX over the past two weeks, worth 58.3 million USD, with the address

14yyRRiEMJ5q5LmDCH4Nf6Emx7UKhoRfxR.

This makes me feel like the big players are quietly positioning themselves again, especially since BTC just broke 115k. It feels like a bet on a big rebound after the Fed lowers interest rates, echoing the drama of yesterday’s insider traders closing their short positions. The bears are likely to be crying.

Personally, I am bullish. If the US stock market continues to rise in the short term, BTC may rush towards 120k, but we must be cautious of a wave of leveraged liquidations. I advise retail investors not to go all in and to keep some cash on hand for buying the dip.