Institutions are quietly accumulating, while retail investors are still on the sidelines? Polychain increases its stake in BTR again, what Alpha is hidden behind?
On August 19, on-chain monitoring agency Lookonchain marked address 0x7a3…b2F, which withdrew 15 million USDC from Coinbase, and on the same day converted all of it to BTR at an average transaction price of 0.185 U. The same address had previously accumulated OP at 0.05 U in November 2024 and accurately took profits with a 7x gain at the peak. Polychain Capital subsequently confirmed that this address belongs to its sub-fund and simultaneously added a liquidity mining quota of 5 million USD, with a term of 90 days and a fixed annualized rate of 18%. On the technical side, Bitlayer completed its third round of security audits at the end of July, covering three major modules: BitVM circuits, cross-chain bridge contracts, and Rollup validators, with the report issued by Trail of Bits showing zero high-risk vulnerabilities. Currently, the testnet has processed over 100,000 transactions, with an average TPS of 4,200 and a confirmation time of 6.8 seconds, leading in performance metrics compared to competitors like Stacks and RSK. Token Unlock data shows that only 3% of ecological incentives will be unlocked before Q4 2025, indicating very low institutional selling pressure. On the market side, the 24-hour trading volume of BTR/USDT has climbed to the 3rd position in Binance's innovation zone, with depth sufficient to accommodate large whale movements.
