 ▲ Bitcoin (BTC), Ethereum (ETH) |
Billionaires have undertaken a sweeping portfolio reshuffle, while unidentified Chinese institutional capital has poured heavily into spot Bitcoin (BTC) ETFs. At the same time, a record amount of Ethereum (ETH) supply has been locked up, signaling an impending massive supply shock and potential price surge in the crypto market.
On February 18 (local time), cryptocurrency analyst Lark Davis revealed on his YouTube channel that Lori, a Hong Kong-based entity, invested $436 million into BlackRock’s spot Bitcoin ETF, IBIT. Davis analyzed that the corporation hidden behind a common name is highly likely an early signal of Chinese institutional capital seeking to enter the U.S. market while navigating regulatory constraints. This move suggests that major Chinese capital is increasingly joining the Bitcoin market through regulated financial products.
Bitcoin is currently forming a symmetrical triangle consolidation pattern and faces a decisive directional move by the weekend. If the price breaks above the upper boundary, the first target range is projected at $77,000 to $78,000. The Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) are showing favorable trends, adding weight to the bullish outlook. On the weekly chart, Bitcoin is hovering near the 200-week moving average and has entered oversold territory, forming a technically attractive value-investment zone.
Within the Ethereum ecosystem, approximately 80 million ETH—67% of the total supply—has been locked in staking contracts, sharply reducing circulating supply. If BlackRock launches its anticipated Ethereum staking ETF, the supply shortage is expected to intensify further, with prices projected to surge to $2,500 upon a breakout from the triangle pattern. Once staked, Ethereum cannot be easily withdrawn due to daily withdrawal limits, effectively creating a strong price support level.
In the gold market, some major investors are making unusual moves by purchasing large call option spreads in anticipation of prices surging to $20,000 within the year. Although gold is currently in a technical consolidation phase, rising expectations of historic volatility are heightening market tension and signaling potential seismic shifts across global asset markets. These aggressive bets require gold prices to nearly triple from current levels to become profitable, intensifying competition for liquidity between traditional and digital assets.
The aggressive capital reallocations by billionaires serve as a decisive driver strengthening long-term confidence in the crypto market. As locked supply dynamics intersect with institutional capital inflows, Bitcoin and Ethereum are moving beyond short-term volatility into a structural uptrend. At a time of extreme supply-demand imbalance, large-scale institutional accumulation is likely to lay the groundwork for a powerful rally ahead.
Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses incurred based on it. The content should be interpreted solely for informational purposes.