---
title: A great chart by Bitwise - 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐰𝐡𝐨 𝐲𝐨𝐮’𝐫𝐞 𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐭𝐨
description: "While retail panic-sold the dip, something very different was happening under the surface.\n\nThe number of Bitcoin wallets holding 1,000+ BTC just went vertical.\nThat’s ~$91 million per wallet.\n\nTranslation?\nShort-term hands are handing their coins straight into the pockets of deep-pocketed, long-duration buyers.\n\nAnd yes — they know exactly what they’re doing.\n\nMarkets have been jittery:\n• Rate-cut uncertainty 📉\n• Overheated AI equity spending 🤖\n• The classic “crypto cycle fear” 😬\n\nSentiment gauges? Extreme fear.\nLong-term capital? Completely unfazed.\n\nCase in point:\nAbu Dhabi’s sovereign wealth fund reportedly tripled its BTC exposure last quarter — now sitting near $500M.\n\nThese aren’t tourists.\nThey’re the ones who buy when everyone else hesitates.\n\nSo if you’re selling your Bitcoin today…\nYou might want to take a closer look at who’s on the other side of your trade.\n\nNow zoom out 👇\n\nGlobal liquidity is sitting at record highs — and still expanding.\nOver 80% of major economies are easing or injecting capital again.\nCrypto regulation is finally becoming clearer.\n\nHistorically, when:\n✅ Liquidity rises\n+\n✅ Policy clarity improves\n\n→ Risk assets rally.\n→ Crypto rallies the most.\n\nWill it happen again this time? \n\nSource: Bitwise, \nTommy Rogulj\n@tommyrogulj"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [A great chart by Bitwise - 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐰𝐡𝐨 𝐲𝐨𝐮’𝐫𝐞 𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐭𝐨](https://blog.syzgroup.com/syz-the-moment/a-great-chart-by-bitwise-)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Nov 24, 2025, 2:08:28 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/a-great-chart-by-bitwise-)

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