According to Altcoin Daily, Mark Yusko has confidently predicted that Bitcoin (BTC) could reach a price range of $600,000 to $700,000 by September 2029. Yusko's statement reflects his long-term bullish outlook on Bitcoin as a primary store of value and a hedge against traditional financial systems. This forecast highlights the growing institutional interest and adoption trends surrounding Bitcoin, which traders and investors might consider for their long-term strategies.

According to Material Indicators, FireCharts Binned CVD reveals that the smallest order class executed a TWAP (Time-Weighted Average Price) strategy to offload approximately $25 million in Bitcoin (BTC) within an hour. This observation suggests that the activity is not retail-driven and implies that the bottom for BTC may not yet be established.

According to Greeks.live, the largest options block trade today was a Bitcoin Put Calendar Spread, consisting of 635 BTC sets with a notional par value of $110 million. This trade reflects a typical institutional volatility curve strategy, indicating potential upcoming market volatility.

According to @EmberCN, a whale or institutional address transferred 20,000 ETH (worth $67.59 million) to Kraken 30 minutes ago. The entity initially withdrew 120,874 ETH from Kraken in September 2022, when ETH was priced at $1,647. Over the past 8 months, they moved 50,000 ETH back to Kraken at an average price of $3,348, realizing a profit of $85.05 million. They still hold 70,874 ETH valued at $239.79 million.