CoinEx Daily: Bitcoin Sees Volatility as Alpha Tech Flows Slow and Whale Transfers Spike

Daily View

Bitcoin has recently achieved a significant milestone, breaking its all-time high and surpassing the $120,000. Large-scale whale movements and significant profit-taking dominate recent blockchain activity, highlighted by the transfer of 40,000 BTC from a long-dormant 'whale.' Macro sentiment is further influenced by US monetary policy, with Fed officials signaling no immediate rate cuts, while capital rotation into crypto-related equities intensifies, aligning with renewed institutional interest. Despite strong bullish flows earlier in the session, traders are increasingly positioned for market-neutral to slightly bullish outcomes amid ongoing regulatory developments.