According to Crypto Rover, Michael Saylor has suggested that the U.S. government should purchase 20% of the Bitcoin supply, a move that could potentially drive Bitcoin's price up to $520,000. This statement, if acted upon, could have significant implications for Bitcoin's market dynamics and investor strategies.

According to Miles Deutscher, Bitcoin's search interest remains significantly below 2021 levels despite its price nearing $100k. The current bull run is primarily driven by institutional investments rather than retail enthusiasm, indicating a shift in market dynamics. This change suggests that institutional support is crucial for sustaining BTC's upward momentum. (Source: Twitter @milesdeutscher)

According to Lookonchain, the 2-Year MA Multiplier chart shows that the price of Bitcoin ($BTC) is currently positioned between the red and green lines, indicating that the market has not yet reached its peak. This suggests there may be further room for price growth before hitting the top, which could be a signal for traders to consider potential upward trends.

According to Lookonchain, a whale incurred a $13 million loss by withdrawing 1,850 BTC from Binance valued at $188.7 million six days ago and redepositing the same amount valued at $175.7 million eight hours ago.

According to Lookonchain, a wallet dormant for 6 years deposited 500 BTC ($46.87M) into Coinbase Prime 2 hours ago, originally acquired when BTC was $7K.

According to Lookonchain, a trader was liquidated for 1,495 ETH ($4.97M) nine hours ago, marking the third liquidation event in the past 35 days.

According to @EmberCN, an institutional investor made their second purchase of Bitcoin, acquiring 430.6 BTC for $42 million at a cost of $97,391 per BTC on January 7, 2025.

According to @GreeksLive, a significant market event occurred on January 6, 2025, involving trading perpetuals on options contracts. This event led to notable price movements in multiple cryptocurrency trading pairs, alongside increased trading volumes and shifts in key market indicators. The analysis includes detailed data on price changes, volume spikes, and on-chain metrics, providing a comprehensive overview for traders.