Bitcoin saw a slight dip on Wednesday when news broke about the Federal Reserve’s interest rate decision. Despite this, both small and large investors were buying up Bitcoin.
Massive Inflows into Accumulation Addresses
CryptoQuant reported a huge surge in Bitcoin flowing into “accumulation addresses.” These addresses are often associated with big players in the market. This buying happened right before the Fed’s announcement. This suggests investors are strategically buying Bitcoin, expecting more price swings and changes in the economy.
Over 29,000 Bitcoin went into these addresses just hours before the Fed’s decision – the second-largest single-day inflow of 2025! This shows confidence in Bitcoin’s ability to weather economic storms. The total amount of Bitcoin held in these addresses is now around 2.84 million, with an average cost of $72,437 per Bitcoin.
Options Market Heating Up
The buying frenzy isn’t limited to just Bitcoin itself. Glassnode, another crypto analytics firm, reported a surge in Bitcoin options trading. Traders are buying options to either protect themselves from big price swings or to get ready for a major price movement. This reflects the market’s uncertainty and anticipation of a significant event.
With Bitcoin’s price only about 7% away from its all-time high, and the Fed’s decision looming, the market is definitely buzzing with excitement and anticipation.