A fascinating phenomenon on January 10th drew attention—Wells Fargo recently spent $383 million to buy Bitcoin. This is not an isolated case; many US banks have increased their holdings during this market rally.

In contrast, it becomes quite dramatic. Retail investors sell off in panic, while institutions quietly buy in. When the market is sluggish, these big players actually increase their positions. What does this behind-the-scenes activity indicate? It may suggest that institutions have confidence in the future market or that they have the capital to withstand short-term fluctuations. This kind of contrarian operation is not uncommon in the market—when sentiment is at its worst, it’s often the best time to lay low.